iShares MSCI ACWI ETF $ACWI Stock: SteelPeak Wealth LLC Grows Holdings

SteelPeak Wealth LLC boosted its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 15.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 33,212 shares of the company’s stock after buying an additional 4,496 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $5,273,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Montecito Bank & Trust purchased a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $1,519,000. Lee Johnson Capital Management LLC raised its stake in shares of iShares MSCI ACWI ETF by 88.2% during the 1st quarter. Lee Johnson Capital Management LLC now owns 14,751 shares of the company’s stock valued at $2,041,000 after purchasing an additional 6,914 shares during the period. SVB Wealth LLC increased its position in shares of iShares MSCI ACWI ETF by 5,624.9% during the second quarter. SVB Wealth LLC now owns 92,915 shares of the company’s stock valued at $14,585,000 after buying an additional 91,292 shares during the period. Angeles Wealth Management LLC purchased a new stake in iShares MSCI ACWI ETF in the 2nd quarter worth approximately $2,089,000. Finally, Allianz Asset Management GmbH grew its position in iShares MSCI ACWI ETF by 4.2% during the second quarter. Allianz Asset Management GmbH now owns 1,089,050 shares of the company’s stock worth $170,948,000 after buying an additional 43,622 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.9%

ACWI stock opened at $157.74 on Friday. The company’s 50 day moving average is $160.40 and its 200 day moving average is $155.94. The stock has a market cap of $32.62 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $133.65 and a 1-year high of $162.80.

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.