iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. grew its stake in iShares MSCI ACWI ETF (NASDAQ:ACWIFree Report) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,910 shares of the company’s stock after purchasing an additional 1,768 shares during the period. iShares MSCI ACWI ETF makes up approximately 2.2% of Independent Wealth Network Inc.’s portfolio, making the stock its 6th biggest holding. Independent Wealth Network Inc.’s holdings in iShares MSCI ACWI ETF were worth $4,163,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of ACWI. Cetera Investment Advisers increased its position in iShares MSCI ACWI ETF by 0.4% during the 1st quarter. Cetera Investment Advisers now owns 28,921 shares of the company’s stock worth $2,636,000 after purchasing an additional 113 shares during the period. Baystate Wealth Management LLC grew its holdings in iShares MSCI ACWI ETF by 12.5% during the third quarter. Baystate Wealth Management LLC now owns 1,064 shares of the company’s stock worth $98,000 after acquiring an additional 118 shares during the period. Wilbanks Smith & Thomas Asset Management LLC raised its position in iShares MSCI ACWI ETF by 0.4% in the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 33,925 shares of the company’s stock worth $3,134,000 after acquiring an additional 137 shares in the last quarter. Arden Trust Co lifted its holdings in iShares MSCI ACWI ETF by 4.6% in the third quarter. Arden Trust Co now owns 3,567 shares of the company’s stock valued at $329,000 after acquiring an additional 156 shares during the period. Finally, HBK Sorce Advisory LLC boosted its position in shares of iShares MSCI ACWI ETF by 3.4% during the 1st quarter. HBK Sorce Advisory LLC now owns 5,322 shares of the company’s stock worth $728,000 after purchasing an additional 176 shares in the last quarter. 52.79% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

ACWI opened at $109.72 on Friday. The stock has a market cap of $19.95 billion, a P/E ratio of 15.44 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $86.94 and a 1-year high of $110.37. The stock’s 50 day simple moving average is $105.32 and its 200 day simple moving average is $99.29.

iShares MSCI ACWI ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI ACWI ETF (NASDAQ:ACWI)

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