Sumitomo Mitsui DS Asset Management Company Ltd Buys New Stake in iShares MSCI ACWI ETF $ACWI

Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 98,013 shares of the company’s stock, valued at approximately $15,561,000.

A number of other large investors have also recently added to or reduced their stakes in ACWI. Clal Insurance Enterprises Holdings Ltd grew its holdings in iShares MSCI ACWI ETF by 360.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 921,500 shares of the company’s stock valued at $127,508,000 after purchasing an additional 721,500 shares during the last quarter. HF Capital LLC raised its position in shares of iShares MSCI ACWI ETF by 70.6% in the first quarter. HF Capital LLC now owns 903,075 shares of the company’s stock valued at $124,958,000 after purchasing an additional 373,650 shares during the period. Bank of Nova Scotia raised its position in shares of iShares MSCI ACWI ETF by 206.8% in the first quarter. Bank of Nova Scotia now owns 356,920 shares of the company’s stock valued at $49,387,000 after purchasing an additional 240,570 shares during the period. Arlington Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ETF in the first quarter valued at approximately $23,665,000. Finally, Guardian Partners Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the first quarter worth $22,882,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.4%

Shares of iShares MSCI ACWI ETF stock opened at $158.77 on Wednesday. The firm has a fifty day simple moving average of $160.30 and a 200-day simple moving average of $156.37. The stock has a market capitalization of $32.83 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $133.65 and a 1-year high of $162.80.

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.