Joel Adams & Associates Inc. Invests $1.21 Million in iShares MSCI ACWI ETF $ACWI

Joel Adams & Associates Inc. acquired a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,714 shares of the company’s stock, valued at approximately $1,205,000. iShares MSCI ACWI ETF makes up approximately 1.0% of Joel Adams & Associates Inc.’s investment portfolio, making the stock its 21st largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quent Capital LLC purchased a new position in iShares MSCI ACWI ETF in the third quarter valued at approximately $25,000. Sagard Holdings Management Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the 2nd quarter valued at $32,000. Financial Gravity Companies Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the 2nd quarter valued at $33,000. Westfuller Advisors LLC acquired a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at $40,000. Finally, MTM Investment Management LLC purchased a new stake in iShares MSCI ACWI ETF during the 2nd quarter worth $87,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 1.4%

Shares of NASDAQ ACWI opened at $145.65 on Friday. The stock has a fifty day moving average price of $143.80 and a 200 day moving average price of $139.30. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month high of $148.41. The company has a market cap of $26.95 billion, a P/E ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $1.2353 per share. This represents a dividend yield of 176.0%. The ex-dividend date was Tuesday, December 16th.

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.