Rathbones Group PLC Makes New Investment in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Rathbones Group PLC bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,807 shares of the company’s stock, valued at approximately $316,000.

A number of other hedge funds have also made changes to their positions in ACWI. Continuum Advisory LLC acquired a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at about $28,000. Joseph Group Capital Management increased its stake in shares of iShares MSCI ACWI ETF by 324.6% during the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock worth $30,000 after purchasing an additional 224 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $31,000. Ashton Thomas Private Wealth LLC purchased a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at approximately $39,000. Finally, Vima LLC acquired a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at $42,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.1 %

NASDAQ ACWI opened at $116.49 on Wednesday. The stock has a market cap of $18.64 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $117.13. The business has a fifty day moving average of $113.99 and a 200-day moving average of $111.43.

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.