SB Capital Management Inc Acquires Shares of 34,439 iShares MSCI ACWI ETF $ACWI

SB Capital Management Inc bought a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 34,439 shares of the company’s stock, valued at approximately $4,873,000. iShares MSCI ACWI ETF makes up approximately 1.8% of SB Capital Management Inc’s investment portfolio, making the stock its 20th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in ACWI. Morgan Stanley increased its holdings in shares of iShares MSCI ACWI ETF by 20.5% in the fourth quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock valued at $1,193,812,000 after purchasing an additional 1,438,226 shares during the last quarter. Mass General Brigham Inc purchased a new position in iShares MSCI ACWI ETF during the fourth quarter worth approximately $652,828,000. Qalhat Capital Ltd boosted its stake in iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after buying an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in iShares MSCI ACWI ETF by 270.0% during the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after buying an additional 1,911,879 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in iShares MSCI ACWI ETF by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock valued at $251,723,000 after buying an additional 89,940 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 1.2%

Shares of ACWI opened at $157.74 on Friday. iShares MSCI ACWI ETF has a 52-week low of $123.20 and a 52-week high of $160.03. The company has a market capitalization of $32.62 billion, a PE ratio of 20.91 and a beta of 0.92. The stock has a fifty day simple moving average of $153.55 and a two-hundred day simple moving average of $146.73.

iShares MSCI ACWI ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.