iShares MSCI ACWI ETF (NASDAQ:ACWI) Stake Raised by Magnus Financial Group LLC

Magnus Financial Group LLC grew its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 6.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,516 shares of the company’s stock after buying an additional 328 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares MSCI ACWI ETF were worth $561,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Golden State Equity Partners boosted its stake in iShares MSCI ACWI ETF by 20.0% in the 3rd quarter. Golden State Equity Partners now owns 2,722 shares of the company’s stock worth $251,000 after purchasing an additional 454 shares during the period. Sheets Smith Wealth Management grew its holdings in iShares MSCI ACWI ETF by 8.0% in the 3rd quarter. Sheets Smith Wealth Management now owns 7,344 shares of the company’s stock valued at $678,000 after buying an additional 547 shares during the last quarter. Pinnacle Associates Ltd. increased its position in iShares MSCI ACWI ETF by 40.9% in the 3rd quarter. Pinnacle Associates Ltd. now owns 23,386 shares of the company’s stock worth $2,160,000 after buying an additional 6,792 shares during the period. Bank Hapoalim BM lifted its holdings in shares of iShares MSCI ACWI ETF by 40.5% during the third quarter. Bank Hapoalim BM now owns 313,417 shares of the company’s stock worth $28,950,000 after buying an additional 90,417 shares during the last quarter. Finally, Drake & Associates LLC grew its stake in shares of iShares MSCI ACWI ETF by 1.8% in the third quarter. Drake & Associates LLC now owns 142,174 shares of the company’s stock worth $13,133,000 after acquiring an additional 2,458 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $107.38 on Monday. iShares MSCI ACWI ETF has a one year low of $88.33 and a one year high of $110.45. The company has a fifty day moving average price of $107.76 and a 200 day moving average price of $101.84. The stock has a market cap of $18.34 billion, a P/E ratio of 19.12 and a beta of 0.93.

iShares MSCI ACWI ETF 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.