TT Capital Management LLC Buys New Stake in iShares MSCI ACWI ETF $ACWI

TT Capital Management LLC purchased a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 2nd quarter, HoldingsChannel reports. The fund purchased 9,362 shares of the company’s stock, valued at approximately $1,122,000.

Other hedge funds also recently added to or reduced their stakes in the company. Qalhat Capital Ltd lifted its stake 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. raised its holdings in shares of iShares MSCI ACWI ETF by 73,377.9% during the 2nd quarter. Phoenix Financial Ltd. now owns 2,292,511 shares of the company’s stock valued at $294,817,000 after buying an additional 2,289,391 shares during the period. P E Global LLC lifted its position in iShares MSCI ACWI ETF by 0.6% during the 2nd quarter. P E Global LLC now owns 2,215,307 shares of the company’s stock worth $284,888,000 after acquiring an additional 13,989 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares MSCI ACWI ETF by 7.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,359,545 shares of the company’s stock worth $174,837,000 after acquiring an additional 98,146 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in iShares MSCI ACWI ETF by 17.9% in the second quarter. Sequoia Financial Advisors LLC now owns 1,325,997 shares of the company’s stock valued at $170,523,000 after acquiring an additional 201,224 shares in the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 1.0%

ACWI opened at $141.77 on Friday. The firm’s 50 day moving average is $140.15 and its 200-day moving average is $134.27. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $143.24. The firm has a market capitalization of $23.73 billion, a P/E ratio of 20.91 and a beta of 0.93.

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.