MGO One Seven LLC Has $8.54 Million Stake in iShares MSCI ACWI ETF $ACWI

MGO One Seven LLC lifted its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 832.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,422 shares of the company’s stock after purchasing an additional 59,301 shares during the quarter. MGO One Seven LLC’s holdings in iShares MSCI ACWI ETF were worth $8,542,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ACWI. Financial Gravity Asset Management Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the first quarter valued at $30,000. Rossby Financial LCC acquired a new position in shares of iShares MSCI ACWI ETF in the first quarter valued at $39,000. Costello Asset Management INC acquired a new position in shares of iShares MSCI ACWI ETF in the first quarter valued at $49,000. Richard Bernstein Advisors LLC raised its stake in shares of iShares MSCI ACWI ETF by 1,533.3% in the first quarter. Richard Bernstein Advisors LLC now owns 441 shares of the company’s stock valued at $51,000 after purchasing an additional 414 shares in the last quarter. Finally, American National Bank & Trust acquired a new position in shares of iShares MSCI ACWI ETF in the second quarter valued at $64,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Down 2.6%

Shares of NASDAQ ACWI opened at $135.71 on Monday. The business has a fifty day simple moving average of $135.17 and a 200 day simple moving average of $126.69. The firm has a market capitalization of $22.42 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $140.24.

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.