Sheets Smith Wealth Management Acquires 698 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Sheets Smith Wealth Management lifted its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 9.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,042 shares of the company’s stock after purchasing an additional 698 shares during the period. Sheets Smith Wealth Management’s holdings in iShares MSCI ACWI ETF were worth $818,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. SouthState Corp bought a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $30,000. Sound Income Strategies LLC acquired a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $40,000. MayTech Global Investments LLC acquired a new position in iShares MSCI ACWI ETF in the third quarter valued at about $41,000. DiNuzzo Private Wealth Inc. acquired a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $45,000. Finally, Anchor Investment Management LLC acquired a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $47,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.7 %

Shares of NASDAQ ACWI traded up $0.72 during mid-day trading on Monday, reaching $109.15. 1,305,492 shares of the company’s stock were exchanged, compared to its average volume of 3,827,095. The firm has a market capitalization of $18.23 billion, a price-to-earnings ratio of 19.74 and a beta of 0.95. The business has a fifty day simple moving average of $107.90 and a 200 day simple moving average of $102.34. iShares MSCI ACWI ETF has a twelve month low of $88.33 and a twelve month high of $110.45.

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.