Cromwell Holdings LLC Invests $8.55 Million in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Cromwell Holdings LLC bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 72,760 shares of the company’s stock, valued at approximately $8,549,000. iShares MSCI ACWI ETF comprises about 4.9% of Cromwell Holdings LLC’s holdings, making the stock its 3rd biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of ACWI. Granger Management LLC boosted its position in iShares MSCI ACWI ETF by 252.2% in the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after buying an additional 959,000 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in shares of iShares MSCI ACWI ETF by 16,345.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after acquiring an additional 910,603 shares in the last quarter. DRW Securities LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 842.9% in the third quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after purchasing an additional 316,256 shares during the period. Union Bancaire Privee UBP SA bought a new position in iShares MSCI ACWI ETF in the fourth quarter worth approximately $18,093,000. Finally, FMR LLC increased its holdings in iShares MSCI ACWI ETF by 98.3% during the 3rd quarter. FMR LLC now owns 281,784 shares of the company’s stock worth $33,687,000 after purchasing an additional 139,701 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 0.1 %

Shares of NASDAQ ACWI opened at $123.81 on Friday. iShares MSCI ACWI ETF has a twelve month low of $104.29 and a twelve month high of $124.15. The business has a fifty day simple moving average of $120.25 and a two-hundred day simple moving average of $118.75. The firm has a market cap of $20.01 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.