SVB Wealth LLC Acquires 91,292 Shares of iShares MSCI ACWI ETF $ACWI

SVB Wealth LLC lifted its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 5,624.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 92,915 shares of the company’s stock after purchasing an additional 91,292 shares during the period. iShares MSCI ACWI ETF comprises approximately 0.8% of SVB Wealth LLC’s portfolio, making the stock its 25th largest holding. SVB Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $14,585,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of ACWI. Morgan Stanley boosted its holdings in iShares MSCI ACWI ETF by 20.5% during the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock valued at $1,193,812,000 after acquiring an additional 1,438,226 shares during the period. Qalhat Capital Ltd grew its position in iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after acquiring an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets increased its stake in iShares MSCI ACWI ETF by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after purchasing an additional 1,911,879 shares during the period. Wells Fargo & Company MN increased its stake in iShares MSCI ACWI ETF by 5.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock worth $251,723,000 after purchasing an additional 89,940 shares during the period. Finally, Northern Trust Corp lifted its position in shares of iShares MSCI ACWI ETF by 2,222.6% during the fourth quarter. Northern Trust Corp now owns 1,492,581 shares of the company’s stock worth $211,185,000 after purchasing an additional 1,428,317 shares during the last quarter. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Trading Down 0.5%

Shares of ACWI opened at $161.13 on Wednesday. The firm has a market capitalization of $33.48 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12-month low of $133.65 and a 12-month high of $162.80. The firm has a fifty day moving average price of $158.58 and a 200-day moving average price of $152.61.

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.