Drake & Associates LLC grew its position in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 9.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 223,385 shares of the company’s stock after acquiring an additional 19,161 shares during the period. iShares MSCI ACWI ETF accounts for approximately 6.3% of Drake & Associates LLC’s investment portfolio, making the stock its 6th biggest holding. Drake & Associates LLC’s holdings in iShares MSCI ACWI ETF were worth $31,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mass General Brigham Inc bought a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at $652,828,000. BNP Paribas Financial Markets boosted its holdings in iShares MSCI ACWI ETF by 270.0% in the 4th quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after buying an additional 1,911,879 shares during the period. Morgan Stanley boosted its holdings in iShares MSCI ACWI ETF by 20.5% in the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock worth $1,193,812,000 after buying an additional 1,438,226 shares during the period. Northern Trust Corp increased its stake in iShares MSCI ACWI ETF by 2,222.6% in the 4th quarter. Northern Trust Corp now owns 1,492,581 shares of the company’s stock worth $211,185,000 after buying an additional 1,428,317 shares in the last quarter. Finally, Qalhat Capital Ltd increased its stake in iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after buying an additional 1,137,134 shares in the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI ACWI ETF Stock Up 1.2%
NASDAQ:ACWI opened at $157.74 on Friday. The business’s 50-day simple moving average is $153.55 and its two-hundred day simple moving average is $146.73. iShares MSCI ACWI ETF has a 52 week low of $123.20 and a 52 week high of $160.03. The stock has a market cap of $32.62 billion, a PE ratio of 20.91 and a beta of 0.92.
iShares MSCI ACWI ETF Dividend Announcement
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.
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