iShares MSCI ACWI ETF (NASDAQ:ACWI) is Independent Wealth Network Inc.’s 7th Largest Position

Independent Wealth Network Inc. boosted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,361 shares of the company’s stock after acquiring an additional 840 shares during the period. iShares MSCI ACWI ETF accounts for about 1.9% of Independent Wealth Network Inc.’s holdings, making the stock its 7th biggest position. Independent Wealth Network Inc.’s holdings in iShares MSCI ACWI ETF were worth $4,742,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ACWI. Pacifica Partners Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $40,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter worth approximately $67,000. ORG Wealth Partners LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $83,000. TD Private Client Wealth LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 81.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock worth $95,000 after acquiring an additional 355 shares during the last quarter. Finally, Quent Capital LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 19.9% in the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock worth $100,000 after acquiring an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4 %

Shares of NASDAQ ACWI opened at $121.40 on Thursday. iShares MSCI ACWI ETF has a 52 week low of $101.59 and a 52 week high of $123.58. The firm’s fifty day moving average is $119.82 and its 200 day moving average is $117.54. The company has a market cap of $19.81 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

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.