OV Management LLC Purchases New Position in iShares MSCI ACWI ETF $ACWI

OV Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 41,611 shares of the company’s stock, valued at approximately $6,532,000. iShares MSCI ACWI ETF comprises approximately 12.2% of OV Management LLC’s investment portfolio, making the stock its 2nd largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of ACWI. Godfrey Financial Associates Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $27,000. Triumph Capital Management purchased a new position in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $27,000. Smith & Howard Wealth Management LLC purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $31,000. Root Financial Partners LLC raised its holdings in shares of iShares MSCI ACWI ETF by 7,100.0% during the fourth quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new position in shares of iShares MSCI ACWI ETF during the first quarter valued at approximately $32,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4%

Shares of ACWI stock opened at $160.70 on Thursday. The stock has a fifty day moving average of $157.26 and a 200 day moving average of $151.14. iShares MSCI ACWI ETF has a 52 week low of $131.52 and a 52 week high of $162.80. The firm has a market capitalization of $33.39 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed 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 was Monday, June 15th.

About iShares MSCI ACWI ETF

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.