Montecito Bank & Trust Acquires 9,567 Shares of iShares MSCI ACWI ETF $ACWI

Montecito Bank & Trust bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the third quarter, HoldingsChannel reports. The firm bought 9,567 shares of the company’s stock, valued at approximately $1,519,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE lifted its position in iShares MSCI ACWI ETF by 9.7% during the 1st quarter. Bank of America Corp DE now owns 1,384,455 shares of the company’s stock valued at $191,567,000 after acquiring an additional 122,720 shares during the period. Allianz Asset Management GmbH grew its holdings in iShares MSCI ACWI ETF by 4.2% in the second quarter. Allianz Asset Management GmbH now owns 1,089,050 shares of the company’s stock worth $170,948,000 after purchasing an additional 43,622 shares during the period. Bogart Wealth LLC increased its stake in shares of iShares MSCI ACWI ETF by 13.4% during the first quarter. Bogart Wealth LLC now owns 1,031,925 shares of the company’s stock valued at $142,787,000 after purchasing an additional 121,832 shares in the last quarter. Common Fund For Nonprofit Organizations increased its stake in shares of iShares MSCI ACWI ETF by 101.1% during the fourth quarter. Common Fund For Nonprofit Organizations now owns 998,747 shares of the company’s stock valued at $141,313,000 after purchasing an additional 502,188 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of iShares MSCI ACWI ETF by 360.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 921,500 shares of the company’s stock valued at $127,508,000 after purchasing an additional 721,500 shares during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI traded down $0.02 during mid-day trading on Thursday, reaching $158.74. The company had a trading volume of 2,861,659 shares, compared to its average volume of 3,964,809. The firm has a 50-day moving average price of $159.66 and a 200 day moving average price of $154.26. The company has a market capitalization of $32.83 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 52 week low of $133.65 and a 52 week 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.