Pinnacle Associates Ltd. grew its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 12.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,239 shares of the company’s stock after buying an additional 5,458 shares during the period. Pinnacle Associates Ltd.’s holdings in iShares MSCI ACWI ETF were worth $7,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Advisortrust Partners LLC bought a new position in shares of iShares MSCI ACWI ETF during the first quarter worth $32,000. Continuum Advisory LLC purchased a new position in iShares MSCI ACWI ETF during the second quarter valued at $36,000. Allied Private Wealth LLC purchased a new position in iShares MSCI ACWI ETF during the second quarter valued at $47,000. Ascentis Independent Advisors purchased a new position in iShares MSCI ACWI ETF during the first quarter valued at $43,000. Finally, American National Bank & Trust bought a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at $79,000. Institutional investors own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Stock Up 0.5%
Shares of ACWI stock opened at $159.56 on Thursday. The stock has a market cap of $33.00 billion, a P/E ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $133.65 and a 52 week high of $162.80. The company’s fifty day simple moving average is $160.26 and its two-hundred day simple moving average is $156.51.
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.
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