PFG Advisors Invests $13.37 Million in iShares MSCI ACWI ETF $ACWI

PFG Advisors purchased a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 96,747 shares of the company’s stock, valued at approximately $13,374,000. PFG Advisors owned 0.06% of iShares MSCI ACWI ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Pinnacle Associates Ltd. grew its position in iShares MSCI ACWI ETF by 37.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 37,894 shares of the company’s stock worth $5,238,000 after purchasing an additional 10,355 shares in the last quarter. Rathbones Group PLC lifted its holdings in shares of iShares MSCI ACWI ETF by 24.5% in the third quarter. Rathbones Group PLC now owns 22,604 shares of the company’s stock valued at $3,125,000 after purchasing an additional 4,451 shares in the last quarter. CKW Financial Group lifted its holdings in shares of iShares MSCI ACWI ETF by 2.7% in the third quarter. CKW Financial Group now owns 22,668 shares of the company’s stock valued at $3,149,000 after purchasing an additional 598 shares in the last quarter. Blair William & Co. IL boosted its position in shares of iShares MSCI ACWI ETF by 182.6% in the third quarter. Blair William & Co. IL now owns 20,085 shares of the company’s stock worth $2,777,000 after buying an additional 12,979 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of iShares MSCI ACWI ETF by 48.8% in the third quarter. First Trust Advisors LP now owns 7,946 shares of the company’s stock worth $1,098,000 after buying an additional 2,607 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 1.1%

Shares of ACWI stock opened at $141.68 on Monday. The company has a market capitalization of $26.21 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $101.25 and a 1-year high of $148.75. The stock’s fifty day simple moving average is $145.19 and its 200-day simple moving average is $141.04.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $1.2353 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 176.0%.

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.