OV Management LLC Invests $1.44 Million in iShares MSCI ACWI ETF $ACWI

OV Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,863 shares of the company’s stock, valued at approximately $1,436,000. iShares MSCI ACWI ETF makes up approximately 2.7% of OV Management LLC’s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds also recently bought and sold shares of ACWI. Godfrey Financial Associates Inc. bought a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at about $27,000. Triumph Capital Management purchased a new position in iShares MSCI ACWI ETF in the third quarter worth about $27,000. Smith & Howard Wealth Management LLC purchased a new position in iShares MSCI ACWI ETF in the fourth quarter worth about $31,000. Root Financial Partners LLC lifted its stake in shares of iShares MSCI ACWI ETF by 7,100.0% in the fourth quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after buying an additional 213 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new position in shares of iShares MSCI ACWI ETF in the first quarter worth approximately $32,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4%

NASDAQ:ACWI opened at $160.70 on Thursday. The company’s 50 day moving average price is $157.26 and its 200-day moving average price is $151.14. iShares MSCI ACWI ETF has a 52 week low of $131.52 and a 52 week high of $162.80. The stock has a market cap of $33.39 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.