Sax Wealth Advisors LLC Takes Position in iShares MSCI ACWI ETF $ACWI

Sax Wealth Advisors LLC purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,392 shares of the company’s stock, valued at approximately $689,000.

Other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in iShares MSCI ACWI ETF by 16.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock worth $1,275,000 after purchasing an additional 1,585 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI ACWI ETF by 101.0% in the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after buying an additional 2,365 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter valued at approximately $270,000. First Trust Advisors LP boosted its stake in shares of iShares MSCI ACWI ETF by 66.1% in the second quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after buying an additional 2,125 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of iShares MSCI ACWI ETF by 333.3% in the second quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after buying an additional 38,569 shares in the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $161.10 on Tuesday. The business’s fifty day moving average price is $156.52 and its 200 day moving average price is $150.37. The firm has a market capitalization of $33.48 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1-year low of $129.82 and a 1-year high of $161.72.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.0097 per share. The ex-dividend date was Monday, June 15th.

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.