JPMorgan Chase & Co. Increases Stake in iShares MSCI ACWI ETF $ACWI

JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 10.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,300,844 shares of the company’s stock after acquiring an additional 122,558 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI ACWI ETF were worth $179,829,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in shares of iShares MSCI ACWI ETF in the third quarter valued at $25,000. Sagard Holdings Management Inc. purchased a new stake in iShares MSCI ACWI ETF during the second quarter valued at approximately $32,000. Financial Gravity Companies Inc. purchased a new stake in iShares MSCI ACWI ETF during the 2nd quarter valued at $33,000. Westfuller Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at $40,000. Finally, MTM Investment Management LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter worth about $87,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI opened at $147.63 on Friday. The business has a 50 day simple moving average of $144.30 and a two-hundred day simple moving average of $139.98. iShares MSCI ACWI ETF has a 1 year low of $101.25 and a 1 year high of $148.41. The firm has a market capitalization of $27.31 billion, a PE ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $1.2353 per share. This represents a dividend yield of 176.0%. The ex-dividend date was Tuesday, December 16th.

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.