iShares MSCI ACWI ETF $ACWI is Lowe Brockenbrough & Co. Inc.’s 2nd Largest Position

Lowe Brockenbrough & Co. Inc. reduced its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 641,227 shares of the company’s stock after selling 7,775 shares during the quarter. iShares MSCI ACWI ETF makes up approximately 4.4% of Lowe Brockenbrough & Co. Inc.’s portfolio, making the stock its 2nd biggest position. Lowe Brockenbrough & Co. Inc. owned 0.31% of iShares MSCI ACWI ETF worth $88,727,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ACWI. Triumph Capital Management acquired a new stake in shares of iShares MSCI ACWI ETF during the third quarter worth about $27,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $27,000. Smith & Howard Wealth Management LLC purchased a new stake in iShares MSCI ACWI ETF during the 4th quarter worth approximately $31,000. Root Financial Partners LLC increased its stake 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 worth $31,000 after buying an additional 213 shares during the period. Finally, Advisortrust Partners LLC acquired a new stake in iShares MSCI ACWI ETF during the 1st quarter worth approximately $32,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $155.00 on Monday. iShares MSCI ACWI ETF has a 52 week low of $127.77 and a 52 week high of $160.03. The stock has a market capitalization of $32.80 billion, a PE ratio of 20.91 and a beta of 0.92. The firm has a 50 day moving average of $156.27 and a two-hundred day moving average of $148.89.

iShares MSCI ACWI ETF Announces Dividend

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