PNC Financial Services Group Inc. Purchases 94,541 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

PNC Financial Services Group Inc. grew its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 7.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,384,804 shares of the company’s stock after purchasing an additional 94,541 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI ACWI ETF were worth $162,715,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Granger Management LLC boosted its holdings in iShares MSCI ACWI ETF by 252.2% in the fourth quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after acquiring an additional 959,000 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in iShares MSCI ACWI ETF by 16,345.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after purchasing an additional 910,603 shares during the period. DRW Securities LLC boosted its stake in shares of iShares MSCI ACWI ETF by 842.9% in the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after purchasing an additional 316,256 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $32,044,000. Finally, Allianz Asset Management GmbH grew its position in shares of iShares MSCI ACWI ETF by 12.5% during the 4th quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock worth $203,130,000 after buying an additional 192,070 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ ACWI opened at $119.50 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $104.29 and a fifty-two week high of $124.15. The firm has a market capitalization of $19.31 billion, a P/E ratio of 22.13 and a beta of 0.93. The company’s 50 day simple moving average is $120.43 and its 200 day simple moving average is $119.47.

iShares MSCI ACWI ETF Dividend Announcement

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