602,699 Shares in iShares MSCI ACWI ETF $ACWI Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the third quarter, HoldingsChannel.com reports. The fund purchased 602,699 shares of the company’s stock, valued at approximately $95,688,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Modera Wealth Management LLC acquired a new position in iShares MSCI ACWI ETF in the 3rd quarter valued at $502,000. Cranbrook Wealth Management LLC bought a new position in iShares MSCI ACWI ETF in the 3rd quarter worth $27,000. Financial Insights Inc. lifted its position in iShares MSCI ACWI ETF by 28.5% during the 3rd quarter. Financial Insights Inc. now owns 4,400 shares of the company’s stock worth $699,000 after acquiring an additional 977 shares during the last quarter. WestEnd Advisors LLC acquired a new position in iShares MSCI ACWI ETF during the 3rd quarter worth $8,276,000. Finally, Balance Wealth Partners LLC acquired a new position in iShares MSCI ACWI ETF during the 3rd quarter worth $87,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $156.04 on Friday. iShares MSCI ACWI ETF has a 52-week low of $133.65 and a 52-week high of $162.80. The company has a 50-day moving average of $159.76 and a two-hundred day moving average of $152.99. The stock has a market capitalization of $32.27 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

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.