Capital World Investors Grows Stake in iShares MSCI ACWI ETF $ACWI

Capital World Investors increased its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 66.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 57,563 shares of the company’s stock after acquiring an additional 22,971 shares during the period. Capital World Investors’ holdings in iShares MSCI ACWI ETF were worth $8,197,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in shares of iShares MSCI ACWI ETF during the third quarter worth about $27,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $27,000. Smith & Howard Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $31,000. Root Financial Partners LLC grew its holdings in iShares MSCI ACWI ETF by 7,100.0% during the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Finally, Rakuten Securities Inc. purchased a new position in iShares MSCI ACWI ETF during the 4th quarter valued at approximately $71,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $154.60 on Wednesday. The stock has a market capitalization of $31.97 billion, a PE ratio of 20.91 and a beta of 0.92. The business has a 50 day simple moving average of $151.11 and a two-hundred day simple moving average of $145.88. iShares MSCI ACWI ETF has a 1-year low of $123.20 and a 1-year high of $160.03.

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.