Ballentine Partners LLC Raises Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Ballentine Partners LLC grew its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,838 shares of the company’s stock after buying an additional 1,165 shares during the period. Ballentine Partners LLC’s holdings in iShares MSCI ACWI ETF were worth $4,446,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ACWI. Pure Financial Advisors LLC increased its position in shares of iShares MSCI ACWI ETF by 13.2% during the 4th quarter. Pure Financial Advisors LLC now owns 17,518 shares of the company’s stock worth $2,058,000 after purchasing an additional 2,045 shares during the last quarter. Amplius Wealth Advisors LLC boosted its stake in iShares MSCI ACWI ETF by 10.2% during the fourth quarter. Amplius Wealth Advisors LLC now owns 70,806 shares of the company’s stock worth $8,320,000 after buying an additional 6,558 shares during the period. RiverTree Advisors LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $1,100,000. Client 1ST Advisory Group LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $566,000. Finally, J2 Capital Management Inc purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $235,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $119.60 on Tuesday. iShares MSCI ACWI ETF has a fifty-two week low of $99.89 and a fifty-two week high of $123.58. The company has a 50 day moving average price of $119.81 and a 200 day moving average price of $117.49. The stock has a market capitalization of $19.52 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

iShares MSCI ACWI ETF Company 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.