Koshinski Asset Management Inc. Takes Position in iShares MSCI ACWI ETF $ACWI

Koshinski Asset Management Inc. acquired a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the second quarter, HoldingsChannel reports. The institutional investor acquired 2,180 shares of the company’s stock, valued at approximately $280,000.

A number of other hedge funds also recently made changes to their positions in ACWI. Johnson Investment Counsel Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the 1st quarter valued at $209,000. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares MSCI ACWI ETF by 0.9% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 22,558 shares of the company’s stock worth $2,626,000 after purchasing an additional 198 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of iShares MSCI ACWI ETF by 0.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 53,777 shares of the company’s stock worth $6,259,000 after purchasing an additional 149 shares in the last quarter. Financial Enhancement Group LLC increased its position in shares of iShares MSCI ACWI ETF by 0.3% during the 1st quarter. Financial Enhancement Group LLC now owns 54,079 shares of the company’s stock worth $6,061,000 after purchasing an additional 188 shares in the last quarter. Finally, DORVAL Corp acquired a new stake in shares of iShares MSCI ACWI ETF during the 1st quarter worth about $203,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 1.0%

Shares of iShares MSCI ACWI ETF stock opened at $140.02 on Tuesday. The stock has a market capitalization of $23.13 billion, a P/E ratio of 20.91 and a beta of 0.93. The company has a 50-day simple moving average of $136.08 and a 200 day simple moving average of $127.71. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month high of $140.39.

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.