iShares MSCI ACWI ETF $ACWI Holdings Boosted by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. boosted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 42.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 710,695 shares of the company’s stock after purchasing an additional 212,000 shares during the quarter. iShares MSCI ACWI ETF accounts for 5.1% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 2nd largest position. Lowe Brockenbrough & Co. Inc.’s holdings in iShares MSCI ACWI ETF were worth $98,246,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in ACWI. Phoenix Financial Ltd. boosted its position in shares of iShares MSCI ACWI ETF by 73,377.9% during the 2nd quarter. Phoenix Financial Ltd. now owns 2,292,511 shares of the company’s stock valued at $294,817,000 after acquiring an additional 2,289,391 shares during the last quarter. Qalhat Capital Ltd raised its stake in iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after purchasing an additional 1,137,134 shares during the period. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York boosted its holdings in iShares MSCI ACWI ETF by 112.8% in the 3rd quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York now owns 734,331 shares of the company’s stock valued at $101,514,000 after purchasing an additional 389,229 shares during the last quarter. Pathway Financial Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 6,875.8% in the 2nd quarter. Pathway Financial Advisors LLC now owns 244,292 shares of the company’s stock valued at $31,416,000 after buying an additional 240,790 shares during the period. Finally, Bogart Wealth LLC increased its holdings in shares of iShares MSCI ACWI ETF by 35.1% during the 2nd quarter. Bogart Wealth LLC now owns 925,215 shares of the company’s stock worth $118,983,000 after buying an additional 240,275 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

ACWI stock opened at $146.28 on Friday. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $147.43. The firm has a market cap of $27.06 billion, a PE ratio of 20.91 and a beta of 0.93. The firm’s 50 day moving average price is $143.35 and its 200-day moving average price is $138.93.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.2353 dividend. This represents a dividend yield of 176.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.