Equitable Trust Co. Purchases New Stake in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Equitable Trust Co. purchased a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 133,594 shares of the company’s stock, valued at approximately $15,697,000. iShares MSCI ACWI ETF makes up 0.9% of Equitable Trust Co.’s holdings, making the stock its 26th biggest holding. Equitable Trust Co. owned 0.08% of iShares MSCI ACWI ETF as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ACWI. Janney Montgomery Scott LLC raised its holdings in iShares MSCI ACWI ETF by 4.2% during the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock worth $1,445,000 after purchasing an additional 485 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares MSCI ACWI ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock worth $110,766,000 after purchasing an additional 105,951 shares during the last quarter. AQR Capital Management LLC acquired a new position in iShares MSCI ACWI ETF during the second quarter worth $204,000. Sanctuary Advisors LLC acquired a new position in iShares MSCI ACWI ETF during the second quarter worth $797,000. Finally, Oppenheimer & Co. Inc. acquired a new position in iShares MSCI ACWI ETF during the third quarter worth $351,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $121.33 on Monday. The stock has a fifty day moving average price of $120.13 and a 200 day moving average price of $118.10. The stock has a market cap of $19.61 billion, a PE ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $102.89 and a 1 year high of $123.58.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.0662 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.