Wedbush Securities Inc. Grows Position in iShares MSCI ACWI ETF $ACWI

Wedbush Securities Inc. grew its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 19.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,647 shares of the company’s stock after purchasing an additional 1,406 shares during the period. Wedbush Securities Inc.’s holdings in iShares MSCI ACWI ETF were worth $1,112,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cherrydale Wealth Management LLC raised its holdings in shares of iShares MSCI ACWI ETF by 0.8% in the second quarter. Cherrydale Wealth Management LLC now owns 10,555 shares of the company’s stock worth $1,357,000 after acquiring an additional 80 shares during the last quarter. Sheets Smith Wealth Management lifted its stake in shares of iShares MSCI ACWI ETF by 1.4% during the second quarter. Sheets Smith Wealth Management now owns 7,029 shares of the company’s stock valued at $904,000 after buying an additional 99 shares during the period. YHB Investment Advisors Inc. boosted its position in iShares MSCI ACWI ETF by 1.1% during the second quarter. YHB Investment Advisors Inc. now owns 9,300 shares of the company’s stock worth $1,196,000 after acquiring an additional 100 shares during the last quarter. Ruggaard & Associates LLC grew its stake in iShares MSCI ACWI ETF by 3.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,923 shares of the company’s stock worth $340,000 after acquiring an additional 110 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. grew its stake in iShares MSCI ACWI ETF by 0.9% in the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 14,274 shares of the company’s stock worth $1,661,000 after acquiring an additional 129 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.1%

ACWI stock opened at $139.54 on Monday. The stock has a market capitalization of $23.36 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. The stock’s fifty day simple moving average is $138.17 and its 200-day simple moving average is $130.85. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $143.04.

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.