SteelPeak Wealth LLC Has $6.72 Million Stake in iShares MSCI ACWI ETF $ACWI

SteelPeak Wealth LLC increased its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 73.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,597 shares of the company’s stock after purchasing an additional 20,619 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $6,724,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ACWI. Triumph Capital Management acquired a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at $27,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth $27,000. Smith & Howard Wealth Management LLC bought a new position in iShares MSCI ACWI ETF during the fourth quarter worth about $31,000. Root Financial Partners LLC grew its stake in iShares MSCI ACWI ETF by 7,100.0% in the fourth 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. bought a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter worth about $37,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $156.36 on Friday. The company has a market capitalization of $33.09 billion, a P/E ratio of 20.91 and a beta of 0.92. The company’s 50 day moving average price is $156.28 and its two-hundred day moving average price is $148.80. iShares MSCI ACWI ETF has a 52 week low of $127.77 and a 52 week high of $160.03.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $1.0097 per share. The ex-dividend date was Monday, June 15th.

About iShares MSCI ACWI ETF

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.