iShares MSCI ACWI ETF $ACWI is Lowe Brockenbrough & Co. Inc.’s 2nd Largest Position

Lowe Brockenbrough & Co. Inc. decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 641,227 shares of the company’s stock after selling 7,775 shares during the quarter. iShares MSCI ACWI ETF accounts for about 4.4% of Lowe Brockenbrough & Co. Inc.’s holdings, making the stock its 2nd biggest holding. Lowe Brockenbrough & Co. Inc.’s holdings in iShares MSCI ACWI ETF were worth $88,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Scarborough Advisors LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the 1st quarter valued at $173,000. Parallel Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 1.7% during the first quarter. Parallel Advisors LLC now owns 58,325 shares of the company’s stock worth $8,070,000 after purchasing an additional 968 shares in the last quarter. Sentinel Trust Co. LBA grew its stake in shares of iShares MSCI ACWI ETF by 4.9% during the first quarter. Sentinel Trust Co. LBA now owns 217,968 shares of the company’s stock worth $30,160,000 after purchasing an additional 10,270 shares in the last quarter. KBC Group NV increased its holdings in iShares MSCI ACWI ETF by 15.3% in the first quarter. KBC Group NV now owns 7,619 shares of the company’s stock valued at $1,054,000 after buying an additional 1,010 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in iShares MSCI ACWI ETF by 1.1% in the first quarter. Jennison Associates LLC now owns 183,285 shares of the company’s stock valued at $25,361,000 after buying an additional 2,020 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ ACWI opened at $155.00 on Monday. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The business has a 50-day moving average of $156.27 and a two-hundred day moving average of $148.89. iShares MSCI ACWI ETF has a 1 year low of $127.77 and a 1 year high of $160.03.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $1.0097 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.