iShares MSCI ACWI ETF (NASDAQ:ACWI) Position Boosted by BIP Wealth LLC

BIP Wealth LLC increased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 72,184 shares of the company’s stock after purchasing an additional 2,836 shares during the period. iShares MSCI ACWI ETF accounts for about 0.6% of BIP Wealth LLC’s investment portfolio, making the stock its 27th biggest holding. BIP Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $8,630,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACWI. Common Fund For Nonprofit Organizations boosted its holdings in iShares MSCI ACWI ETF by 3,307.0% in the third quarter. Common Fund For Nonprofit Organizations now owns 142,071 shares of the company’s stock worth $16,985,000 after purchasing an additional 137,901 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $67,000. Peterson Financial Group Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at about $129,000. NYL Investors LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 1.9% in the 3rd quarter. NYL Investors LLC now owns 87,800 shares of the company’s stock valued at $10,496,000 after buying an additional 1,600 shares during the period. Finally, Balboa Wealth Partners bought a new stake in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at about $258,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Up 0.5 %

ACWI opened at $119.23 on Tuesday. The company’s 50-day moving average price is $118.72 and its 200 day moving average price is $114.83. iShares MSCI ACWI ETF has a fifty-two week low of $96.89 and a fifty-two week high of $121.86. The firm has a market cap of $19.34 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

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.