Exchange Capital Management Inc. Buys New Shares in iShares MSCI ACWI ETF $ACWI

Exchange Capital Management Inc. bought a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,865 shares of the company’s stock, valued at approximately $240,000.

Several other large investors have also added to or reduced their stakes in ACWI. Financial Gravity Asset Management Inc. acquired a new stake in shares of iShares MSCI ACWI ETF during the first quarter worth about $30,000. Rossby Financial LCC acquired a new stake in iShares MSCI ACWI ETF during the 1st quarter valued at approximately $39,000. Costello Asset Management INC purchased a new stake in shares of iShares MSCI ACWI ETF in the 1st quarter valued at $49,000. Richard Bernstein Advisors LLC increased 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 worth $51,000 after acquiring an additional 414 shares during the period. Finally, American National Bank & Trust purchased a new position in shares of iShares MSCI ACWI ETF during the second quarter worth $64,000. 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. iShares MSCI ACWI ETF has a 1 year low of $101.25 and a 1 year high of $140.04. The company has a market capitalization of $23.05 billion, a PE ratio of 20.91 and a beta of 0.93. The company has a fifty day moving average of $134.31 and a 200 day moving average of $125.89.

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.