Purpose Unlimited Inc. purchased a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 222,800 shares of the company’s stock, valued at approximately $31,523,000. iShares MSCI ACWI ETF accounts for 1.4% of Purpose Unlimited Inc.’s holdings, making the stock its 18th largest position.
Other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management bought a new position in shares of iShares MSCI ACWI ETF during the third quarter valued at about $27,000. Godfrey Financial Associates Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $27,000. Smith & Howard Wealth Management LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $31,000. Root Financial Partners LLC boosted its holdings in iShares MSCI ACWI ETF by 7,100.0% during the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares during the period. Finally, Karpus Management Inc. purchased a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at about $37,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI ACWI ETF Price Performance
ACWI opened at $157.74 on Friday. The stock’s 50 day simple moving average is $153.81 and its 200 day simple moving average is $146.81. iShares MSCI ACWI ETF has a 1 year low of $123.20 and a 1 year high of $160.03. The firm has a market cap of $32.62 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.
iShares MSCI ACWI ETF Announces Dividend
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.
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