Financial Council LLC Grows Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Financial Council LLC increased its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,571 shares of the company’s stock after purchasing an additional 852 shares during the period. iShares MSCI ACWI ETF makes up 2.5% of Financial Council LLC’s holdings, making the stock its 13th biggest position. Financial Council LLC’s holdings in iShares MSCI ACWI ETF were worth $4,731,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Continuum Advisory LLC acquired a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the second quarter worth about $39,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth about $67,000. IAG Wealth Partners LLC purchased a new position in iShares MSCI ACWI ETF in the 2nd quarter valued at about $88,000. Finally, Lynx Investment Advisory acquired a new stake in shares of iShares MSCI ACWI ETF in the second quarter worth approximately $98,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

ACWI opened at $120.44 on Friday. The firm has a market capitalization of $19.54 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The company’s 50 day simple moving average is $119.14 and its two-hundred day simple moving average is $115.06. iShares MSCI ACWI ETF has a 1-year low of $97.42 and a 1-year high of $121.86.

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.