SVB Wealth LLC Acquires New Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

SVB Wealth LLC bought a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 8,616 shares of the company’s stock, valued at approximately $1,012,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. P E Global LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 5.4% during the fourth quarter. P E Global LLC now owns 2,229,221 shares of the company’s stock worth $261,933,000 after purchasing an additional 114,345 shares during the period. Allianz Asset Management GmbH lifted its holdings in iShares MSCI ACWI ETF by 12.5% during the 4th quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock worth $203,130,000 after buying an additional 192,070 shares during the period. Granger Management LLC increased its stake in shares of iShares MSCI ACWI ETF by 252.2% in the fourth quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after buying an additional 959,000 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI ACWI ETF by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after buying an additional 105,951 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its stake in shares of iShares MSCI ACWI ETF by 16,345.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock worth $109,529,000 after acquiring an additional 910,603 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $119.55 on Tuesday. The company has a market capitalization of $19.20 billion, a PE ratio of 22.13 and a beta of 0.94. The company has a 50 day simple moving average of $120.45 and a two-hundred day simple moving average of $119.39. iShares MSCI ACWI ETF has a fifty-two week low of $104.29 and a fifty-two week high of $124.15.

iShares MSCI ACWI ETF Announces Dividend

The company also recently disclosed 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.