Montecito Bank & Trust Makes New $1.52 Million Investment in iShares MSCI ACWI ETF $ACWI

Montecito Bank & Trust purchased a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 9,567 shares of the company’s stock, valued at approximately $1,519,000.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares MSCI ACWI ETF by 9.7% in the 1st quarter. Bank of America Corp DE now owns 1,384,455 shares of the company’s stock worth $191,567,000 after purchasing an additional 122,720 shares during the period. Allianz Asset Management GmbH increased its position in shares of iShares MSCI ACWI ETF by 4.2% during the second quarter. Allianz Asset Management GmbH now owns 1,089,050 shares of the company’s stock valued at $170,948,000 after buying an additional 43,622 shares during the period. Bogart Wealth LLC raised its stake in iShares MSCI ACWI ETF by 13.4% in the first quarter. Bogart Wealth LLC now owns 1,031,925 shares of the company’s stock worth $142,787,000 after buying an additional 121,832 shares in the last quarter. Common Fund For Nonprofit Organizations lifted its holdings in iShares MSCI ACWI ETF by 101.1% in the fourth quarter. Common Fund For Nonprofit Organizations now owns 998,747 shares of the company’s stock worth $141,313,000 after buying an additional 502,188 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in iShares MSCI ACWI ETF by 360.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 921,500 shares of the company’s stock worth $127,508,000 after buying an additional 721,500 shares during the period. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Down 0.0%

iShares MSCI ACWI ETF stock traded down $0.02 during trading hours on Thursday, hitting $158.74. 2,861,659 shares of the stock traded hands, compared to its average volume of 3,964,809. iShares MSCI ACWI ETF has a one year low of $133.65 and a one year high of $162.80. The firm’s 50-day moving average price is $159.66 and its two-hundred day moving average price is $154.26. The company has a market cap of $32.83 billion, a PE ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Company 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.