SB Capital Management Inc Takes $4.87 Million Position in iShares MSCI ACWI ETF $ACWI

SB Capital Management Inc purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, Holdings Channel.com reports. The fund purchased 34,439 shares of the company’s stock, valued at approximately $4,873,000. iShares MSCI ACWI ETF makes up about 1.8% of SB Capital Management Inc’s portfolio, making the stock its 20th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Naples Global Advisors LLC raised its position in shares of iShares MSCI ACWI ETF by 1.9% during the 4th quarter. Naples Global Advisors LLC now owns 4,125 shares of the company’s stock valued at $584,000 after buying an additional 75 shares during the period. NavPoint Financial Inc. grew its position in iShares MSCI ACWI ETF by 0.9% in the fourth quarter. NavPoint Financial Inc. now owns 8,793 shares of the company’s stock worth $1,244,000 after acquiring an additional 76 shares during the period. Koshinski Asset Management Inc. increased its stake in iShares MSCI ACWI ETF by 3.7% during the third quarter. Koshinski Asset Management Inc. now owns 2,260 shares of the company’s stock worth $312,000 after acquiring an additional 80 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in iShares MSCI ACWI ETF by 2.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 3,409 shares of the company’s stock worth $482,000 after acquiring an additional 89 shares during the last quarter. Finally, Cherrydale Wealth Management LLC increased its stake in iShares MSCI ACWI ETF by 0.9% during the fourth quarter. Cherrydale Wealth Management LLC now owns 10,649 shares of the company’s stock worth $1,507,000 after acquiring an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 1.2%

NASDAQ:ACWI opened at $157.74 on Friday. iShares MSCI ACWI ETF has a 52 week low of $123.20 and a 52 week high of $160.03. The stock’s fifty day moving average is $153.55 and its two-hundred day moving average is $146.73. The company has a market capitalization of $32.62 billion, a P/E 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 dividend of $1.0097 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.