Bessemer Group Inc. Purchases 227,957 Shares of iShares MSCI ACWI ETF $ACWI

Bessemer Group Inc. increased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 46.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 717,923 shares of the company’s stock after buying an additional 227,957 shares during the period. Bessemer Group Inc. owned 0.39% of iShares MSCI ACWI ETF worth $101,579,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Mawer Investment Management Ltd. bought a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter worth approximately $5,644,000. Drake & Associates LLC lifted its position in shares of iShares MSCI ACWI ETF by 11.5% in the 3rd quarter. Drake & Associates LLC now owns 204,224 shares of the company’s stock worth $28,706,000 after acquiring an additional 20,997 shares during the period. Assetmark Inc. lifted its position in shares of iShares MSCI ACWI ETF by 73.1% in the 3rd quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock worth $108,979,000 after acquiring an additional 332,908 shares during the period. Capital International Investors raised its stake in shares of iShares MSCI ACWI ETF by 9.3% in the 3rd quarter. Capital International Investors now owns 192,008 shares of the company’s stock valued at $26,436,000 after buying an additional 16,304 shares in the last quarter. Finally, Algorithmic Investment Models LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at $569,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $154.08 on Friday. iShares MSCI ACWI ETF has a 52-week low of $121.25 and a 52-week high of $156.98. The stock has a market cap of $31.86 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The firm has a fifty day moving average of $145.46 and a 200-day moving average of $143.94.

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.