Naviter Wealth LLC Buys 103,962 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Naviter Wealth LLC raised its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 190.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 158,564 shares of the company’s stock after buying an additional 103,962 shares during the quarter. iShares MSCI ACWI ETF accounts for about 2.2% of Naviter Wealth LLC’s holdings, making the stock its 7th biggest position. Naviter Wealth LLC owned approximately 0.10% of iShares MSCI ACWI ETF worth $18,631,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Cherrydale Wealth Management LLC lifted its stake in iShares MSCI ACWI ETF by 0.9% in the fourth quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock valued at $1,231,000 after acquiring an additional 94 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of iShares MSCI ACWI ETF by 1.5% in the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock valued at $886,000 after purchasing an additional 112 shares during the last quarter. Sapient Capital LLC lifted its stake in shares of iShares MSCI ACWI ETF by 4.9% in the 4th quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock valued at $304,000 after purchasing an additional 121 shares during the last quarter. Ballew Advisors Inc boosted its holdings in iShares MSCI ACWI ETF by 2.2% in the fourth quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock worth $700,000 after purchasing an additional 128 shares in the last quarter. Finally, Bellwether Advisors LLC increased its position in iShares MSCI ACWI ETF by 3.2% during the third quarter. Bellwether Advisors LLC now owns 5,139 shares of the company’s stock worth $614,000 after buying an additional 161 shares during the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $119.50 on Friday. The company has a market capitalization of $19.31 billion, a price-to-earnings ratio of 22.13 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $104.29 and a one year high of $124.15. The company’s fifty day moving average price is $120.43 and its two-hundred day moving average price is $119.44.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders 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.

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.