iShares MSCI ACWI ETF (NASDAQ:ACWI) Stake Lifted by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC lifted its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 19.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,600 shares of the company’s stock after buying an additional 4,536 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares MSCI ACWI ETF were worth $2,809,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Morgan Stanley lifted its stake in iShares MSCI ACWI ETF by 11.2% during the third quarter. Morgan Stanley now owns 11,547,989 shares of the company’s stock valued at $1,066,688,000 after buying an additional 1,167,144 shares in the last quarter. MKP Capital Management L.L.C. grew its holdings in shares of iShares MSCI ACWI ETF by 43.5% during the third quarter. MKP Capital Management L.L.C. now owns 7,462,975 shares of the company’s stock valued at $689,355,000 after buying an additional 2,262,975 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares MSCI ACWI ETF by 211.0% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 3,353,748 shares of the company’s stock valued at $341,244,000 after buying an additional 2,275,450 shares during the period. Prudential PLC lifted its position in shares of iShares MSCI ACWI ETF by 5.1% in the third quarter. Prudential PLC now owns 1,510,800 shares of the company’s stock worth $139,553,000 after purchasing an additional 73,808 shares in the last quarter. Finally, Factory Mutual Insurance Co. boosted its holdings in shares of iShares MSCI ACWI ETF by 135.5% during the third quarter. Factory Mutual Insurance Co. now owns 1,413,200 shares of the company’s stock worth $130,537,000 after purchasing an additional 813,200 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ:ACWI traded up $0.48 during midday trading on Thursday, hitting $109.86. 466,179 shares of the stock were exchanged, compared to its average volume of 3,739,898. The company has a market capitalization of $18.35 billion, a PE ratio of 19.74 and a beta of 0.95. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $110.45. The business’s fifty day simple moving average is $108.08 and its two-hundred day simple moving average is $102.64.

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.