Edge Capital Group LLC Purchases 564 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Edge Capital Group LLC grew its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 13.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,878 shares of the company’s stock after buying an additional 564 shares during the quarter. Edge Capital Group LLC’s holdings in iShares MSCI ACWI ETF were worth $573,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ACWI. Cherrydale Wealth Management LLC raised its position in shares of iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock valued at $1,231,000 after purchasing an additional 94 shares during the last quarter. Merit Financial Group LLC increased its stake in iShares MSCI ACWI ETF by 1.5% during the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock valued at $886,000 after purchasing an additional 112 shares in the last quarter. Sapient Capital LLC increased its stake in iShares MSCI ACWI ETF by 4.9% during the 4th quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock valued at $304,000 after purchasing an additional 121 shares in the last quarter. Ballew Advisors Inc raised its holdings in shares of iShares MSCI ACWI ETF by 2.2% in the fourth quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock worth $700,000 after buying an additional 128 shares during the last quarter. Finally, Fiducient Advisors LLC lifted its stake in shares of iShares MSCI ACWI ETF by 4.4% during the third quarter. Fiducient Advisors LLC now owns 3,715 shares of the company’s stock worth $444,000 after buying an additional 157 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $121.48 on Tuesday. The company has a market cap of $19.63 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The stock’s fifty day moving average price is $120.25 and its 200 day moving average price is $119.01. iShares MSCI ACWI ETF has a 1 year low of $104.29 and a 1 year high of $124.15.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.0662 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.