iShares MSCI ACWI ETF (NASDAQ:ACWI) Stake Increased by RFG Advisory LLC

RFG Advisory LLC raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,755 shares of the company’s stock after acquiring an additional 312 shares during the quarter. RFG Advisory LLC’s holdings in iShares MSCI ACWI ETF were worth $559,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 2nd quarter worth approximately $204,000. Millennium Management LLC bought a new position in iShares MSCI ACWI ETF during the second quarter worth $4,781,000. Creative Planning boosted its holdings in iShares MSCI ACWI ETF by 0.7% in the second quarter. Creative Planning now owns 38,625 shares of the company’s stock worth $4,341,000 after purchasing an additional 271 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in iShares MSCI ACWI ETF by 1.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 52,507 shares of the company’s stock valued at $5,902,000 after purchasing an additional 747 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of iShares MSCI ACWI ETF by 0.3% during the second quarter. Truist Financial Corp now owns 191,758 shares of the company’s stock worth $21,554,000 after purchasing an additional 605 shares during the period. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

NASDAQ ACWI opened at $120.60 on Tuesday. iShares MSCI ACWI ETF has a one year low of $102.03 and a one year high of $123.58. The company has a 50-day simple moving average of $119.95 and a 200-day simple moving average of $117.68. The firm has a market capitalization of $19.68 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.