Focus Partners Wealth Grows Position in iShares MSCI ACWI ETF $ACWI

Focus Partners Wealth boosted its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 65.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 289,345 shares of the company’s stock after buying an additional 114,189 shares during the quarter. Focus Partners Wealth’s holdings in iShares MSCI ACWI ETF were worth $40,939,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Triumph Capital Management purchased a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at $27,000. Godfrey Financial Associates Inc. purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $27,000. Smith & Howard Wealth Management LLC purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $31,000. Root Financial Partners LLC raised its position in iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the last quarter. Finally, Karpus Management Inc. purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $37,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Up 1.0%

NASDAQ ACWI opened at $158.04 on Tuesday. The firm has a market capitalization of $32.68 billion, a P/E ratio of 20.91 and a beta of 0.92. The business has a fifty day simple moving average of $152.53 and a 200 day simple moving average of $146.39. iShares MSCI ACWI ETF has a 12 month low of $123.20 and a 12 month high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be given a $1.0097 dividend. The ex-dividend date of this dividend is Monday, June 15th.

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.