Bessemer Group Inc. increased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 46.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 717,923 shares of the company’s stock after purchasing an additional 227,957 shares during the quarter. Bessemer Group Inc.’s holdings in iShares MSCI ACWI ETF were worth $101,579,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in ACWI. NewEdge Advisors LLC increased its position in shares of iShares MSCI ACWI ETF by 16.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock worth $1,275,000 after purchasing an additional 1,585 shares in the last quarter. Jones Financial Companies Lllp increased its position in iShares MSCI ACWI ETF by 101.0% in the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after acquiring an additional 2,365 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at about $270,000. First Trust Advisors LP increased its position in iShares MSCI ACWI ETF by 66.1% in the 2nd quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after acquiring an additional 2,125 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in iShares MSCI ACWI ETF by 333.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after acquiring an additional 38,569 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Trading Down 1.6%
ACWI opened at $154.08 on Friday. The stock has a market capitalization of $31.86 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1-year low of $121.25 and a 1-year high of $156.98. The firm has a 50-day moving average price of $145.46 and a two-hundred day moving average price of $143.94.
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.
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