Life Planning Partners Inc Takes $2.68 Million Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Life Planning Partners Inc acquired a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 22,795 shares of the company’s stock, valued at approximately $2,678,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ACWI. AQR Capital Management LLC acquired a new position in shares of iShares MSCI ACWI ETF during the second quarter worth $204,000. Concourse Financial Group Securities Inc. grew its position in iShares MSCI ACWI ETF by 4.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 4,093 shares of the company’s stock worth $489,000 after acquiring an additional 159 shares during the last quarter. Creative Planning increased its holdings in iShares MSCI ACWI ETF by 19.9% in the 3rd quarter. Creative Planning now owns 46,298 shares of the company’s stock worth $5,535,000 after purchasing an additional 7,673 shares in the last quarter. Drake & Associates LLC raised its position in iShares MSCI ACWI ETF by 3.3% in the third quarter. Drake & Associates LLC now owns 162,687 shares of the company’s stock valued at $19,449,000 after purchasing an additional 5,202 shares during the last quarter. Finally, LexAurum Advisors LLC boosted its stake in shares of iShares MSCI ACWI ETF by 3.9% during the third quarter. LexAurum Advisors LLC now owns 47,847 shares of the company’s stock valued at $5,720,000 after purchasing an additional 1,809 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 1.2 %

NASDAQ:ACWI opened at $123.64 on Friday. The stock’s 50-day moving average is $120.12 and its 200-day moving average is $118.31. iShares MSCI ACWI ETF has a 1-year low of $103.84 and a 1-year high of $123.64. The stock has a market cap of $19.98 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.