Portus Wealth Advisors LLC Takes Position in iShares MSCI ACWI ETF $ACWI

Portus Wealth Advisors LLC acquired a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 113,287 shares of the company’s stock, valued at approximately $15,661,000. iShares MSCI ACWI ETF comprises approximately 15.6% of Portus Wealth Advisors LLC’s holdings, making the stock its biggest position.

Several other large investors have also modified their holdings of the company. Qalhat Capital Ltd grew its stake in iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after buying an additional 1,137,134 shares during the last quarter. Phoenix Financial Ltd. lifted its position in iShares MSCI ACWI ETF by 41.7% during the 3rd quarter. Phoenix Financial Ltd. now owns 3,247,975 shares of the company’s stock worth $449,120,000 after acquiring an additional 955,464 shares during the last quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York lifted its position in iShares MSCI ACWI ETF by 112.8% during the 3rd quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York now owns 734,331 shares of the company’s stock worth $101,514,000 after acquiring an additional 389,229 shares during the last quarter. Assetmark Inc. boosted its holdings in iShares MSCI ACWI ETF by 73.1% during the third quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock valued at $108,979,000 after acquiring an additional 332,908 shares during the period. Finally, Bank of Montreal Can boosted its holdings in iShares MSCI ACWI ETF by 84.4% during the third quarter. Bank of Montreal Can now owns 727,030 shares of the company’s stock valued at $100,505,000 after acquiring an additional 332,723 shares during the period. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ:ACWI opened at $141.88 on Wednesday. The stock’s 50-day moving average is $145.07 and its 200-day moving average is $141.45. The company has a market cap of $26.25 billion, a P/E ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $148.75.

iShares MSCI ACWI ETF Company 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.