Summit Trail Advisors LLC Purchases 1,465 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Summit Trail Advisors LLC increased its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 9.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,231 shares of the company’s stock after buying an additional 1,465 shares during the period. Summit Trail Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $1,940,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ACWI. Raymond James Financial Services Advisors Inc. lifted its stake in iShares MSCI ACWI ETF by 12.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 165,518 shares of the company’s stock worth $18,604,000 after purchasing an additional 17,937 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares MSCI ACWI ETF by 4.2% in the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock worth $1,445,000 after buying an additional 485 shares in the last quarter. AQR Capital Management LLC bought a new position in iShares MSCI ACWI ETF during the second quarter valued at approximately $204,000. Sanctuary Advisors LLC purchased a new position in shares of iShares MSCI ACWI ETF during the second quarter worth approximately $797,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter worth approximately $351,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of iShares MSCI ACWI ETF stock opened at $120.44 on Monday. iShares MSCI ACWI ETF has a 52-week low of $97.42 and a 52-week high of $121.86. The company has a fifty day moving average of $119.22 and a 200-day moving average of $115.22. The stock has a market capitalization of $19.54 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

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.