Financial Services Advisory Inc Buys 56,477 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Financial Services Advisory Inc raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 318.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 74,236 shares of the company’s stock after purchasing an additional 56,477 shares during the period. iShares MSCI ACWI ETF accounts for about 2.1% of Financial Services Advisory Inc’s investment portfolio, making the stock its 16th biggest holding. Financial Services Advisory Inc’s holdings in iShares MSCI ACWI ETF were worth $8,875,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ACWI. Jane Street Group LLC raised its position in shares of iShares MSCI ACWI ETF by 804.0% during the 1st quarter. Jane Street Group LLC now owns 8,834,809 shares of the company’s stock valued at $972,978,000 after purchasing an additional 7,857,479 shares during the period. Johns Hopkins University raised its holdings in iShares MSCI ACWI ETF by 15.5% during the second quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock valued at $667,154,000 after acquiring an additional 798,483 shares during the period. P E Global LLC purchased a new position in shares of iShares MSCI ACWI ETF in the first quarter valued at about $260,755,000. Sequoia Financial Advisors LLC lifted its position in shares of iShares MSCI ACWI ETF by 2.3% in the third quarter. Sequoia Financial Advisors LLC now owns 1,265,639 shares of the company’s stock valued at $151,307,000 after acquiring an additional 29,008 shares in the last quarter. Finally, Dimension Capital Management LLC boosted its stake in shares of iShares MSCI ACWI ETF by 1.8% in the second quarter. Dimension Capital Management LLC now owns 881,300 shares of the company’s stock worth $99,059,000 after acquiring an additional 15,656 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 1.2 %

Shares of ACWI opened at $120.27 on Thursday. The business’s 50 day moving average is $117.96 and its 200 day moving average is $114.09. iShares MSCI ACWI ETF has a 12-month low of $93.09 and a 12-month high of $120.93. The company has a market capitalization of $19.51 billion, a PE ratio of 19.74 and a beta of 0.93.

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.