Sumitomo Mitsui DS Asset Management Company Ltd Buys 11,857 Shares of iShares MSCI ACWI ETF $ACWI

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 101.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,582 shares of the company’s stock after buying an additional 11,857 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares MSCI ACWI ETF were worth $3,260,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Permanent Capital Management LP bought a new position in shares of iShares MSCI ACWI ETF during the third quarter worth about $7,584,000. Ayalon Insurance Comp Ltd. lifted its stake in iShares MSCI ACWI ETF by 21.1% in the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 280,571 shares of the company’s stock valued at $38,786,000 after acquiring an additional 48,799 shares in the last quarter. Cerity Partners LLC boosted its position in iShares MSCI ACWI ETF by 3.6% during the 3rd quarter. Cerity Partners LLC now owns 279,951 shares of the company’s stock worth $38,700,000 after acquiring an additional 9,766 shares during the last quarter. Channel Wealth LLC bought a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $8,970,000. Finally, Farther Finance Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 14.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,804 shares of the company’s stock worth $361,000 after acquiring an additional 347 shares in the last quarter. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Up 0.4%

Shares of ACWI stock opened at $145.38 on Tuesday. The company’s fifty day simple moving average is $141.22 and its 200-day simple moving average is $136.87. The firm has a market cap of $25.99 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $145.48.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $1.2353 dividend. This represents a yield of 176.0%. The ex-dividend date was Tuesday, December 16th.

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.