LexAurum Advisors LLC Grows Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

LexAurum Advisors LLC boosted its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 6.5% in the fourth quarter, HoldingsChannel reports. The firm owned 50,959 shares of the company’s stock after buying an additional 3,112 shares during the period. iShares MSCI ACWI ETF accounts for about 1.2% of LexAurum Advisors LLC’s holdings, making the stock its 19th biggest holding. LexAurum Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $5,988,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. RFG Advisory LLC grew its stake in shares of iShares MSCI ACWI ETF by 7.0% during the 4th quarter. RFG Advisory LLC now owns 4,755 shares of the company’s stock worth $559,000 after purchasing an additional 312 shares during the period. Avior Wealth Management LLC increased its holdings in iShares MSCI ACWI ETF by 405.0% in the fourth quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after buying an additional 482 shares in the last quarter. Beacon Investment Advisory Services Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth about $283,000. Granger Management LLC grew its position in shares of iShares MSCI ACWI ETF by 252.2% during the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after acquiring an additional 959,000 shares during the period. Finally, Independent Wealth Network Inc. grew its position in shares of iShares MSCI ACWI ETF by 2.1% during the 4th quarter. Independent Wealth Network Inc. now owns 40,361 shares of the company’s stock valued at $4,742,000 after acquiring an additional 840 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Up 0.6 %

NASDAQ ACWI opened at $122.07 on Friday. The stock has a market capitalization of $19.92 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The stock has a 50-day moving average of $119.84 and a 200 day moving average of $117.56. iShares MSCI ACWI ETF has a twelve month low of $102.03 and a twelve month high of $123.58.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.