Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 94.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 184,931 shares of the company’s stock after acquiring an additional 89,963 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI ACWI ETF were worth $26,166,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Mass General Brigham Inc purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $652,828,000. Qalhat Capital Ltd grew its position in shares of iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after purchasing an additional 1,137,134 shares in the last quarter. Phoenix Financial Ltd. grew its position in shares of iShares MSCI ACWI ETF by 41.7% during the third quarter. Phoenix Financial Ltd. now owns 3,247,975 shares of the company’s stock worth $449,120,000 after purchasing an additional 955,464 shares in the last quarter. UBS Group AG grew its position in shares of iShares MSCI ACWI ETF by 55.3% during the fourth quarter. UBS Group AG now owns 1,216,046 shares of the company’s stock worth $172,058,000 after purchasing an additional 432,985 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares MSCI ACWI ETF by 255.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 483,180 shares of the company’s stock worth $68,365,000 after purchasing an additional 347,070 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Trading Down 0.8%
NASDAQ:ACWI opened at $153.15 on Wednesday. iShares MSCI ACWI ETF has a 12-month low of $121.25 and a 12-month high of $156.98. The stock has a 50-day moving average price of $145.91 and a 200 day moving average price of $144.11. The stock has a market capitalization of $31.67 billion, a P/E ratio of 20.91 and a beta of 0.92.
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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