Shum Financial Group Inc. Acquires New Position in iShares MSCI ACWI ETF $ACWI

Shum Financial Group Inc. acquired a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,825 shares of the company’s stock, valued at approximately $529,000.

A number of other large investors have also made changes to their positions in the stock. Sagard Holdings Management Inc. purchased a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at $32,000. Financial Gravity Companies Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the 2nd quarter valued at about $33,000. American National Bank & Trust purchased a new stake in shares of iShares MSCI ACWI ETF in the second quarter valued at about $64,000. Bartlett & CO. Wealth Management LLC increased its position in iShares MSCI ACWI ETF by 607.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 495 shares of the company’s stock worth $64,000 after purchasing an additional 425 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new position in iShares MSCI ACWI ETF during the second quarter worth about $87,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $142.39 on Wednesday. The company’s 50-day moving average is $140.82 and its two-hundred day moving average is $135.72. iShares MSCI ACWI ETF has a 1-year low of $101.25 and a 1-year high of $143.24. The firm has a market capitalization of $23.84 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $1.2353 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 176.0%.

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.