SeaBridge Investment Advisors LLC Takes $2.40 Million Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

SeaBridge Investment Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 20,454 shares of the company’s stock, valued at approximately $2,403,000.

Several other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new position in iShares MSCI ACWI ETF during the second quarter worth about $204,000. Millennium Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 2nd quarter worth approximately $4,781,000. Creative Planning boosted its position in shares of iShares MSCI ACWI ETF by 0.7% during the 2nd quarter. Creative Planning now owns 38,625 shares of the company’s stock worth $4,341,000 after purchasing an additional 271 shares during the period. Truist Financial Corp increased its holdings in iShares MSCI ACWI ETF by 0.3% in the 2nd quarter. Truist Financial Corp now owns 191,758 shares of the company’s stock valued at $21,554,000 after purchasing an additional 605 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in iShares MSCI ACWI ETF by 7.9% in the second quarter. Cetera Investment Advisers now owns 74,942 shares of the company’s stock valued at $8,423,000 after purchasing an additional 5,492 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.6 %

NASDAQ:ACWI opened at $121.19 on Friday. iShares MSCI ACWI ETF has a 52 week low of $102.03 and a 52 week high of $123.58. The stock’s fifty day moving average is $120.08 and its two-hundred day moving average is $117.81. The stock has a market capitalization of $19.78 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.