Equitable Trust Co. Invests $15.70 Million in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Equitable Trust Co. bought a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 133,594 shares of the company’s stock, valued at approximately $15,697,000. iShares MSCI ACWI ETF accounts for 0.9% of Equitable Trust Co.’s holdings, making the stock its 26th largest holding.

Several other institutional investors have also modified their holdings of ACWI. AQR Capital Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the second quarter worth about $204,000. Millennium Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the second quarter worth about $4,781,000. Sanctuary Advisors LLC acquired a new stake in iShares MSCI ACWI ETF during the second quarter valued at approximately $797,000. Valeo Financial Advisors LLC raised its stake in iShares MSCI ACWI ETF by 2.2% during the third quarter. Valeo Financial Advisors LLC now owns 9,036 shares of the company’s stock valued at $1,080,000 after buying an additional 194 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. raised its stake in iShares MSCI ACWI ETF by 4.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 4,093 shares of the company’s stock valued at $489,000 after buying an additional 159 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.8 %

Shares of NASDAQ ACWI opened at $121.33 on Monday. The stock’s 50 day moving average price is $120.13 and its two-hundred day moving average price is $118.10. iShares MSCI ACWI ETF has a 52-week low of $102.89 and a 52-week high of $123.58. The stock has a market capitalization of $19.61 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

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

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.