Rialto Wealth Management LLC Buys Shares of 500 iShares MSCI ACWI ETF (NASDAQ:ACWI)

Rialto Wealth Management LLC bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 500 shares of the company’s stock, valued at approximately $59,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Granger Management LLC boosted its stake in 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 in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of iShares MSCI ACWI ETF by 16,345.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after purchasing an additional 910,603 shares in the last quarter. DRW Securities LLC grew its holdings in shares of iShares MSCI ACWI ETF by 842.9% during the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after purchasing an additional 316,256 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at approximately $32,044,000. Finally, Allianz Asset Management GmbH increased its position 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 purchasing an additional 192,070 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of iShares MSCI ACWI ETF stock opened at $119.50 on Monday. The company’s 50 day moving average price is $120.43 and its two-hundred day moving average price is $119.49. The firm has a market capitalization of $19.31 billion, a P/E ratio of 22.13 and a beta of 0.93. 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 Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. 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.