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

SteelPeak Wealth LLC increased its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 73.7% in the first quarter, HoldingsChannel reports. The firm owned 48,597 shares of the company’s stock after buying an additional 20,619 shares during the period. SteelPeak Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $6,724,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ACWI. Triumph Capital Management bought a new stake in iShares MSCI ACWI ETF in the third quarter valued at approximately $27,000. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $27,000. Smith & Howard Wealth Management LLC bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $31,000. Root Financial Partners LLC boosted its stake in shares of 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 worth $31,000 after acquiring an additional 213 shares during the period. Finally, Karpus Management Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.7%

ACWI stock opened at $156.36 on Friday. iShares MSCI ACWI ETF has a 1-year low of $127.77 and a 1-year high of $160.03. The business’s 50 day simple moving average is $156.28 and its 200 day simple moving average is $148.80. The firm has a market capitalization of $33.09 billion, a PE ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.0097 dividend. 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.