Independent Wealth Network Inc. Boosts Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Independent Wealth Network Inc. lifted its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 40,361 shares of the company’s stock after buying an additional 840 shares during the period. iShares MSCI ACWI ETF makes up about 1.9% of Independent Wealth Network Inc.’s investment portfolio, making the stock its 7th largest position. Independent Wealth Network Inc.’s holdings in iShares MSCI ACWI ETF were worth $4,742,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC increased its holdings in iShares MSCI ACWI ETF by 0.3% in the 3rd quarter. Signaturefd LLC now owns 27,224 shares of the company’s stock worth $3,255,000 after acquiring an additional 86 shares in the last quarter. Cherrydale Wealth Management LLC increased its holdings in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock worth $1,231,000 after acquiring an additional 94 shares in the last quarter. Merit Financial Group LLC increased its holdings in iShares MSCI ACWI ETF by 1.5% in the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock worth $886,000 after acquiring an additional 112 shares in the last quarter. Ballew Advisors Inc grew its holdings in iShares MSCI ACWI ETF by 2.2% during the 4th quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock valued at $700,000 after buying an additional 128 shares in the last quarter. Finally, Quent Capital LLC grew its holdings in iShares MSCI ACWI ETF by 19.9% during the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after buying an additional 139 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $121.40 on Thursday. iShares MSCI ACWI ETF has a 1 year low of $101.59 and a 1 year high of $123.58. The company has a 50 day simple moving average of $119.82 and a two-hundred day simple moving average of $117.54. The firm has a market cap of $19.81 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI ACWI ETF 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.