Cary Street Partners Financial LLC Purchases New Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Cary Street Partners Financial LLC bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,096 shares of the company’s stock, valued at approximately $364,000.

Other institutional investors have also added to or reduced their stakes in the company. Cherrydale Wealth Management LLC boosted its stake in shares of iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock valued at $1,231,000 after purchasing an additional 94 shares in the last quarter. Merit Financial Group LLC raised its position in iShares MSCI ACWI ETF by 1.5% during the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock worth $886,000 after purchasing an additional 112 shares during the last quarter. Sapient Capital LLC lifted its stake in shares of iShares MSCI ACWI ETF by 4.9% in the fourth quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock worth $304,000 after acquiring an additional 121 shares during the period. Ballew Advisors Inc boosted its stake in shares of iShares MSCI ACWI ETF by 2.2% in the 4th quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock valued at $700,000 after purchasing an additional 128 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in iShares MSCI ACWI ETF by 1.5% during the 4th quarter. NewEdge Advisors LLC now owns 9,367 shares of the company’s stock worth $1,101,000 after acquiring an additional 141 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $119.13 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $124.15. The stock has a 50 day simple moving average of $115.18 and a two-hundred day simple moving average of $118.58. The company has a market cap of $20.61 billion, a P/E ratio of 19.88 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.