JPMorgan Chase & Co. Raises Holdings in iShares MSCI ACWI ETF $ACWI

JPMorgan Chase & Co. boosted its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 10.4% in the 2nd quarter, Holdings Channel reports. The firm owned 1,178,286 shares of the company’s stock after acquiring an additional 110,585 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI ACWI ETF were worth $151,528,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ACWI. Phoenix Financial Ltd. raised its position in shares of iShares MSCI ACWI ETF by 73,377.9% in the second quarter. Phoenix Financial Ltd. now owns 2,292,511 shares of the company’s stock valued at $294,817,000 after buying an additional 2,289,391 shares during the last quarter. Bank of Nova Scotia grew its stake in iShares MSCI ACWI ETF by 106.0% during the 1st quarter. Bank of Nova Scotia now owns 833,168 shares of the company’s stock valued at $96,972,000 after acquiring an additional 428,735 shares in the last quarter. Ieq Capital LLC raised its holdings in iShares MSCI ACWI ETF by 303.4% in the 1st quarter. Ieq Capital LLC now owns 500,305 shares of the company’s stock valued at $58,230,000 after acquiring an additional 376,273 shares during the last quarter. National Bank of Canada FI boosted its holdings in shares of iShares MSCI ACWI ETF by 79.5% during the 1st quarter. National Bank of Canada FI now owns 759,507 shares of the company’s stock worth $88,400,000 after purchasing an additional 336,296 shares during the last quarter. Finally, Pathway Financial Advisors LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 6,875.8% during the 2nd quarter. Pathway Financial Advisors LLC now owns 244,292 shares of the company’s stock worth $31,416,000 after purchasing an additional 240,790 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $140.77 on Thursday. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $143.04. The stock has a market cap of $23.56 billion, a PE ratio of 20.91 and a beta of 0.93. The stock has a 50 day moving average price of $139.26 and a 200 day moving average price of $132.71.

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.