Old Peak Finance LLC Invests $882,000 in iShares MSCI ACWI ETF $ACWI

Old Peak Finance LLC bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 6,235 shares of the company’s stock, valued at approximately $882,000. iShares MSCI ACWI ETF accounts for about 0.5% of Old Peak Finance LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other large investors also recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at about $27,000. Godfrey Financial Associates Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $27,000. Smith & Howard Wealth Management LLC bought a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $31,000. Rakuten Securities Inc. bought a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $71,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $80,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Trading Up 0.4%

ACWI stock opened at $159.10 on Tuesday. The stock’s fifty day simple moving average is $148.77 and its two-hundred day simple moving average is $145.15. iShares MSCI ACWI ETF has a 1-year low of $123.07 and a 1-year high of $159.67. The stock has a market cap of $32.90 billion, a P/E ratio of 20.91 and a beta of 0.92.

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.