Sapient Capital LLC Purchases 14,033 Shares of iShares MSCI ACWI ETF $ACWI

Sapient Capital LLC raised its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 618.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 16,301 shares of the company’s stock after buying an additional 14,033 shares during the period. Sapient Capital LLC’s holdings in iShares MSCI ACWI ETF were worth $2,321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACWI. Mawer Investment Management Ltd. acquired a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at $5,644,000. Drake & Associates LLC boosted its stake in shares of iShares MSCI ACWI ETF by 11.5% during the 3rd quarter. Drake & Associates LLC now owns 204,224 shares of the company’s stock worth $28,706,000 after buying an additional 20,997 shares during the last quarter. Assetmark Inc. boosted its stake in shares of iShares MSCI ACWI ETF by 73.1% during the 3rd quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock worth $108,979,000 after buying an additional 332,908 shares during the last quarter. Capital International Investors grew its holdings in shares of iShares MSCI ACWI ETF by 9.3% in the 3rd quarter. Capital International Investors now owns 192,008 shares of the company’s stock valued at $26,436,000 after acquiring an additional 16,304 shares in the last quarter. Finally, Algorithmic Investment Models LLC bought a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at about $569,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $154.35 on Tuesday. iShares MSCI ACWI ETF has a 52-week low of $121.25 and a 52-week high of $156.98. The company has a market cap of $31.92 billion, a P/E ratio of 20.91 and a beta of 0.92. The stock’s 50-day simple moving average is $145.68 and its 200 day simple moving average is $144.04.

iShares MSCI ACWI ETF 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.