Sax Wealth Advisors LLC Acquires New Shares in iShares MSCI ACWI ETF $ACWI

Sax Wealth Advisors LLC acquired a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,392 shares of the company’s stock, valued at approximately $689,000.

A number of other institutional investors also recently bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at $27,000. Triumph Capital Management acquired a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth $27,000. Smith & Howard Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $31,000. Root Financial Partners LLC boosted its position in shares of iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after buying an additional 213 shares in the last quarter. Finally, Advisortrust Partners LLC acquired a new stake in iShares MSCI ACWI ETF in the 1st quarter valued at about $32,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Down 0.2%

Shares of NASDAQ ACWI opened at $161.10 on Tuesday. The company’s 50-day moving average price is $156.52 and its 200 day moving average price is $150.37. iShares MSCI ACWI ETF has a 52 week low of $129.82 and a 52 week high of $161.72. The stock has a market cap of $33.48 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders 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 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.