Granger Management LLC Raises Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Granger Management LLC grew its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 252.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,339,321 shares of the company’s stock after acquiring an additional 959,000 shares during the period. iShares MSCI ACWI ETF accounts for approximately 35.8% of Granger Management LLC’s holdings, making the stock its 2nd largest position. Granger Management LLC owned approximately 0.82% of iShares MSCI ACWI ETF worth $157,370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in iShares MSCI ACWI ETF by 4.2% in the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock valued at $1,445,000 after acquiring an additional 485 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI ACWI ETF by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after purchasing an additional 105,951 shares during the last quarter. AQR Capital Management LLC bought a new position in iShares MSCI ACWI ETF during the second quarter worth about $204,000. Sanctuary Advisors LLC acquired a new position in iShares MSCI ACWI ETF during the second quarter worth approximately $797,000. Finally, Oppenheimer & Co. Inc. acquired a new position in iShares MSCI ACWI ETF during the third quarter worth approximately $351,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4 %

ACWI opened at $121.40 on Thursday. iShares MSCI ACWI ETF has a 12-month low of $101.59 and a 12-month high of $123.58. The business has a 50 day moving average of $119.82 and a 200-day moving average of $117.54. The stock has a market cap of $19.81 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

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

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.