Wescott Financial Advisory Group LLC Raises Holdings in iShares MSCI ACWI ETF $ACWI

Wescott Financial Advisory Group LLC grew its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,695 shares of the company’s stock after purchasing an additional 2,213 shares during the period. Wescott Financial Advisory Group LLC’s holdings in iShares MSCI ACWI ETF were worth $4,736,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ACWI. NewEdge Advisors LLC grew its position in shares of iShares MSCI ACWI ETF by 1.5% during the fourth quarter. NewEdge Advisors LLC now owns 9,367 shares of the company’s stock valued at $1,101,000 after purchasing an additional 141 shares in the last quarter. First Trust Advisors LP bought a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $935,000. MML Investors Services LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 21.1% in the 4th quarter. MML Investors Services LLC now owns 16,265 shares of the company’s stock valued at $1,911,000 after acquiring an additional 2,831 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares MSCI ACWI ETF by 299.8% in the 4th quarter. Stifel Financial Corp now owns 137,022 shares of the company’s stock valued at $16,100,000 after acquiring an additional 102,748 shares during the last quarter. Finally, Pinebridge Investments L.P. lifted its holdings in shares of iShares MSCI ACWI ETF by 45.6% in the 4th quarter. Pinebridge Investments L.P. now owns 61,664 shares of the company’s stock valued at $7,246,000 after acquiring an additional 19,308 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.4%

Shares of NASDAQ:ACWI opened at $132.04 on Friday. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $133.74. The company has a 50-day moving average price of $129.53 and a 200 day moving average price of $122.60. The company has a market cap of $22.39 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were issued a $0.9612 dividend. The ex-dividend date of this dividend was Monday, June 16th.

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.