Millennium Management LLC Acquires New Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Millennium Management LLC acquired a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 42,532 shares of the company’s stock, valued at approximately $4,781,000.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its position in shares of iShares MSCI ACWI ETF by 12.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 165,518 shares of the company’s stock worth $18,604,000 after acquiring an additional 17,937 shares in the last quarter. Choate Investment Advisors grew its position in shares of iShares MSCI ACWI ETF by 19.6% in the 1st quarter. Choate Investment Advisors now owns 10,058 shares of the company’s stock valued at $1,108,000 after acquiring an additional 1,650 shares during the period. Mather Group LLC. lifted its stake in shares of iShares MSCI ACWI ETF by 2.2% during the 1st quarter. Mather Group LLC. now owns 4,654 shares of the company’s stock worth $474,000 after buying an additional 99 shares during the last quarter. Scarborough Advisors LLC acquired a new position in iShares MSCI ACWI ETF in the 4th quarter valued at about $89,000. Finally, Quent Capital LLC grew its stake in iShares MSCI ACWI ETF by 2,148.4% in the 1st quarter. Quent Capital LLC now owns 697 shares of the company’s stock valued at $77,000 after buying an additional 666 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $120.16 on Friday. iShares MSCI ACWI ETF has a 52 week low of $88.33 and a 52 week high of $120.29. The firm has a market cap of $19.49 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm’s 50-day simple moving average is $115.79 and its 200 day simple moving average is $112.68.

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.