Equitable Trust Co. Grows Stock Holdings in iShares MSCI ACWI ETF $ACWI

Equitable Trust Co. boosted its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 34.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 177,192 shares of the company’s stock after purchasing an additional 45,788 shares during the quarter. iShares MSCI ACWI ETF comprises about 1.1% of Equitable Trust Co.’s investment portfolio, making the stock its 20th largest position. Equitable Trust Co. owned about 0.10% of iShares MSCI ACWI ETF worth $22,787,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ACWI. Sowell Financial Services LLC purchased a new position in iShares MSCI ACWI ETF in the first quarter worth about $567,000. Inscription Capital LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 1st quarter valued at approximately $229,000. Robertson Stephens Wealth Management LLC lifted its stake in shares of iShares MSCI ACWI ETF by 2.9% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 3,428 shares of the company’s stock valued at $399,000 after purchasing an additional 96 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of iShares MSCI ACWI ETF by 11.3% in the 1st quarter. Insigneo Advisory Services LLC now owns 15,640 shares of the company’s stock valued at $1,820,000 after purchasing an additional 1,587 shares during the last quarter. Finally, Ayalon Insurance Comp Ltd. lifted its stake in shares of iShares MSCI ACWI ETF by 5.2% in the 1st quarter. Ayalon Insurance Comp Ltd. now owns 231,050 shares of the company’s stock valued at $26,892,000 after purchasing an additional 11,333 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $137.82 on Tuesday. The stock’s fifty day moving average is $135.33 and its 200 day moving average is $126.84. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $140.24. The firm has a market capitalization of $22.77 billion, a PE ratio of 20.91 and a beta of 0.93.

About iShares MSCI ACWI ETF

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.