Drake & Associates LLC lifted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 2.3% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 175,762 shares of the company’s stock after buying an additional 4,022 shares during the period. iShares MSCI ACWI ETF accounts for approximately 5.7% of Drake & Associates LLC’s portfolio, making the stock its 8th largest holding. Drake & Associates LLC owned approximately 0.10% of iShares MSCI ACWI ETF worth $20,457,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Capital Group Private Client Services Inc. lifted its holdings in shares of iShares MSCI ACWI ETF by 21,865.4% during the 4th quarter. Capital Group Private Client Services Inc. now owns 1,608,528 shares of the company’s stock worth $189,002,000 after acquiring an additional 1,601,205 shares during the period. Sarasin & Partners LLP acquired a new stake in shares of iShares MSCI ACWI ETF during the 1st quarter worth $164,781,000. Qalhat Capital Ltd raised its holdings in shares of iShares MSCI ACWI ETF by 171.9% in the 4th quarter. Qalhat Capital Ltd now owns 1,783,702 shares of the company’s stock worth $209,585,000 after purchasing an additional 1,127,675 shares during the period. Wells Fargo & Company MN lifted its position in iShares MSCI ACWI ETF by 52.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,928,903 shares of the company’s stock valued at $226,646,000 after buying an additional 661,137 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its position in iShares MSCI ACWI ETF by 33.5% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock valued at $281,744,000 after buying an additional 601,720 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Stock Up 0.8%
iShares MSCI ACWI ETF stock opened at $130.02 on Friday. The firm has a fifty day moving average of $123.77 and a 200-day moving average of $119.87. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $129.95. The firm has a market capitalization of $22.49 billion, a P/E ratio of 20.91 and a beta of 0.93.
iShares MSCI ACWI ETF Cuts Dividend
iShares MSCI ACWI ETF 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.
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