Three Bridge Wealth Advisors LLC Has $51.88 Million Stake in iShares MSCI ACWI ETF $ACWI

Three Bridge Wealth Advisors LLC increased its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.9% in the second quarter, Holdings Channel.com reports. The fund owned 403,429 shares of the company’s stock after purchasing an additional 11,548 shares during the period. iShares MSCI ACWI ETF comprises about 13.7% of Three Bridge Wealth Advisors LLC’s holdings, making the stock its biggest position. Three Bridge Wealth Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $51,881,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Cherrydale Wealth Management LLC lifted its stake in iShares MSCI ACWI ETF by 0.8% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,555 shares of the company’s stock worth $1,357,000 after purchasing an additional 80 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in shares of iShares MSCI ACWI ETF by 2.9% in the first quarter. Robertson Stephens Wealth Management LLC now owns 3,428 shares of the company’s stock worth $399,000 after purchasing an additional 96 shares during the last quarter. Sheets Smith Wealth Management grew its holdings in iShares MSCI ACWI ETF by 1.4% during the 2nd quarter. Sheets Smith Wealth Management now owns 7,029 shares of the company’s stock valued at $904,000 after buying an additional 99 shares in the last quarter. YHB Investment Advisors Inc. grew its holdings in iShares MSCI ACWI ETF by 1.1% during the 2nd quarter. YHB Investment Advisors Inc. now owns 9,300 shares of the company’s stock valued at $1,196,000 after buying an additional 100 shares in the last quarter. Finally, Ruggaard & Associates LLC grew its holdings in iShares MSCI ACWI ETF by 3.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,923 shares of the company’s stock valued at $340,000 after buying an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $139.50 on Friday. The stock has a market capitalization of $23.05 billion, a PE 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 $140.04. The business has a 50 day simple moving average of $134.31 and a two-hundred day simple moving average of $125.94.

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.