CKW Financial Group Grows Position in iShares MSCI ACWI ETF $ACWI

CKW Financial Group lifted its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 6.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,070 shares of the company’s stock after buying an additional 1,391 shares during the quarter. iShares MSCI ACWI ETF makes up about 0.3% of CKW Financial Group’s investment portfolio, making the stock its 16th largest position. CKW Financial Group’s holdings in iShares MSCI ACWI ETF were worth $2,837,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Financial Gravity Asset Management Inc. purchased a new stake in iShares MSCI ACWI ETF during the first quarter valued at $30,000. Rossby Financial LCC purchased a new stake in iShares MSCI ACWI ETF during the first quarter valued at $39,000. Costello Asset Management INC purchased a new stake in iShares MSCI ACWI ETF during the first quarter valued at $49,000. Richard Bernstein Advisors LLC raised its stake in iShares MSCI ACWI ETF by 1,533.3% during the first quarter. Richard Bernstein Advisors LLC now owns 441 shares of the company’s stock valued at $51,000 after purchasing an additional 414 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its stake in iShares MSCI ACWI ETF by 607.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 495 shares of the company’s stock valued at $64,000 after purchasing an additional 425 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 1.6%

iShares MSCI ACWI ETF stock opened at $137.82 on Tuesday. The company has a market cap of $22.77 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. The firm’s fifty day moving average is $135.33 and its 200 day moving average is $126.84. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $140.24.

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.