iShares MSCI ACWI ETF $ACWI Position Boosted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 18.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 309,446 shares of the company’s stock after purchasing an additional 47,849 shares during the quarter. Envestnet Asset Management Inc. owned 0.18% of iShares MSCI ACWI ETF worth $39,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in ACWI. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in iShares MSCI ACWI ETF in the 1st quarter valued at approximately $349,000. Rossby Financial LCC purchased a new stake in iShares MSCI ACWI ETF in the 1st quarter worth approximately $39,000. World Investment Advisors boosted its stake in shares of iShares MSCI ACWI ETF by 2.0% during the 1st quarter. World Investment Advisors now owns 23,007 shares of the company’s stock valued at $2,678,000 after buying an additional 447 shares during the period. Drake & Associates LLC grew its holdings in shares of iShares MSCI ACWI ETF by 2.3% during the 1st quarter. Drake & Associates LLC now owns 175,762 shares of the company’s stock valued at $20,457,000 after acquiring an additional 4,022 shares in the last quarter. Finally, Rector Church Wardens & Vestrymen of Trinity Church in the City of New York acquired a new position in shares of iShares MSCI ACWI ETF in the first quarter worth $179,665,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Up 0.2%

Shares of NASDAQ:ACWI opened at $141.41 on Friday. The firm has a market cap of $23.50 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $101.25 and a 1 year high of $143.04. The business has a fifty day simple moving average of $137.51 and a 200 day simple moving average of $129.71.

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.