Larch Capital Partners LLC Invests $8.21 Million in iShares MSCI ACWI ETF $ACWI

Larch Capital Partners LLC bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 58,016 shares of the company’s stock, valued at approximately $8,209,000. iShares MSCI ACWI ETF accounts for approximately 1.1% of Larch Capital Partners LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital International Investors raised its holdings in shares of iShares MSCI ACWI ETF by 9.3% during the third quarter. Capital International Investors now owns 192,008 shares of the company’s stock valued at $26,436,000 after purchasing an additional 16,304 shares during the period. Citigroup Inc. increased its position in iShares MSCI ACWI ETF by 17.0% in the 3rd quarter. Citigroup Inc. now owns 207,342 shares of the company’s stock valued at $28,663,000 after buying an additional 30,155 shares in the last quarter. Algorithmic Investment Models LLC bought a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at about $569,000. Comerica Bank raised its stake in iShares MSCI ACWI ETF by 14.8% during the 4th quarter. Comerica Bank now owns 88,424 shares of the company’s stock worth $12,511,000 after buying an additional 11,430 shares during the period. Finally, Ayalon Insurance Comp Ltd. raised its stake in iShares MSCI ACWI ETF by 5.6% during the 4th quarter. Ayalon Insurance Comp Ltd. now owns 296,297 shares of the company’s stock worth $41,923,000 after buying an additional 15,726 shares during the period. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ:ACWI opened at $157.74 on Friday. iShares MSCI ACWI ETF has a 52-week low of $123.20 and a 52-week high of $160.03. The business’s 50 day simple moving average is $153.55 and its two-hundred day simple moving average is $146.73. The firm has a market cap of $32.62 billion, a P/E ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $1.0097 dividend. The ex-dividend date was Monday, June 15th.

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.