Ieq Capital LLC Boosts Stake in iShares MSCI ACWI ETF $ACWI

Ieq Capital LLC grew its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 12.1% during the fourth quarter, Holdings Channel reports. The fund owned 689,106 shares of the company’s stock after purchasing an additional 74,463 shares during the period. Ieq Capital LLC’s holdings in iShares MSCI ACWI ETF were worth $97,502,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of iShares MSCI ACWI ETF by 73.1% during the 3rd quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock worth $108,979,000 after acquiring an additional 332,908 shares during the period. Capital International Investors grew its holdings in shares of iShares MSCI ACWI ETF by 9.3% during the 3rd quarter. Capital International Investors now owns 192,008 shares of the company’s stock worth $26,436,000 after acquiring an additional 16,304 shares during the period. Citigroup Inc. grew its holdings in shares of iShares MSCI ACWI ETF by 17.0% during the 3rd quarter. Citigroup Inc. now owns 207,342 shares of the company’s stock worth $28,663,000 after acquiring an additional 30,155 shares during the period. Algorithmic Investment Models LLC purchased a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $569,000. Finally, Calton & Associates Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $476,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

ACWI stock opened at $156.47 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $123.20 and a fifty-two week high of $160.03. The business’s 50 day moving average price is $152.16 and its two-hundred day moving average price is $146.21. The company has a market capitalization of $32.36 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

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.