J2 Capital Management Inc Invests $235,000 in iShares MSCI ACWI ETF (NASDAQ:ACWI)

J2 Capital Management Inc purchased a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,000 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors also recently modified their holdings of the business. Janney Montgomery Scott LLC grew its position in iShares MSCI ACWI ETF by 4.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock worth $1,445,000 after purchasing an additional 485 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI ACWI ETF by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock worth $110,766,000 after acquiring an additional 105,951 shares during the period. AQR Capital Management LLC purchased a new stake in iShares MSCI ACWI ETF during the second quarter valued at $204,000. Sanctuary Advisors LLC bought a new position in iShares MSCI ACWI ETF in the second quarter valued at about $797,000. Finally, Oppenheimer & Co. Inc. purchased a new position in iShares MSCI ACWI ETF in the third quarter worth about $351,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 0.9 %

NASDAQ ACWI opened at $119.60 on Friday. The company has a 50-day moving average price of $119.84 and a 200-day moving average price of $117.43. iShares MSCI ACWI ETF has a 52 week low of $99.89 and a 52 week high of $123.58. The firm has a market capitalization of $19.52 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

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.