Souders Financial Advisors Buys New Holdings in iShares MSCI ACWI ETF $ACWI

Souders Financial Advisors purchased a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,113 shares of the company’s stock, valued at approximately $723,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mawer Investment Management Ltd. acquired a new stake in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at about $5,644,000. Drake & Associates LLC raised its holdings in iShares MSCI ACWI ETF by 11.5% in the 3rd quarter. Drake & Associates LLC now owns 204,224 shares of the company’s stock worth $28,706,000 after purchasing an additional 20,997 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares MSCI ACWI ETF by 11.9% during the third quarter. Commonwealth Equity Services LLC now owns 61,579 shares of the company’s stock worth $8,513,000 after purchasing an additional 6,538 shares in the last quarter. Assetmark Inc. boosted its position in iShares MSCI ACWI ETF by 73.1% during the third quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock worth $108,979,000 after purchasing an additional 332,908 shares in the last quarter. Finally, Capital International Investors grew its holdings in iShares MSCI ACWI ETF by 9.3% in the third quarter. Capital International Investors now owns 192,008 shares of the company’s stock valued at $26,436,000 after purchasing an additional 16,304 shares during the period. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $151.66 on Friday. iShares MSCI ACWI ETF has a 1-year low of $117.82 and a 1-year high of $152.58. The company has a market cap of $31.36 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The stock has a 50 day simple moving average of $143.99 and a 200-day simple moving average of $142.96.

iShares MSCI ACWI ETF Company Profile

The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.