Belvedere Trading LLC Takes $520,000 Position in iShares MSCI ACWI ETF $ACWI

Belvedere Trading LLC purchased a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,675 shares of the company’s stock, valued at approximately $520,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fiducient Advisors LLC increased its holdings in shares of iShares MSCI ACWI ETF by 10.4% in the 4th quarter. Fiducient Advisors LLC now owns 6,079 shares of the company’s stock valued at $860,000 after acquiring an additional 573 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth $80,000. Huntington National Bank lifted its position in iShares MSCI ACWI ETF by 4.8% during the 4th quarter. Huntington National Bank now owns 5,036 shares of the company’s stock worth $713,000 after acquiring an additional 231 shares during the period. Finally, Bellwether Advisors LLC lifted its position in iShares MSCI ACWI ETF by 2.5% during the 4th quarter. Bellwether Advisors LLC now owns 5,858 shares of the company’s stock worth $829,000 after acquiring an additional 142 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 0.2%

Shares of iShares MSCI ACWI ETF stock opened at $158.54 on Friday. iShares MSCI ACWI ETF has a twelve month low of $122.56 and a twelve month high of $159.05. The business has a 50-day moving average price of $148.37 and a 200 day moving average price of $145.00. The firm has a market cap of $32.79 billion, a PE ratio of 20.91 and a beta of 0.92.

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.