Birnam Oak Advisors LP Acquires Shares of 280,800 iShares MSCI ACWI ETF (NASDAQ:ACWI)

Birnam Oak Advisors LP purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 280,800 shares of the company’s stock, valued at approximately $32,994,000. iShares MSCI ACWI ETF accounts for 16.0% of Birnam Oak Advisors LP’s portfolio, making the stock its biggest holding. Birnam Oak Advisors LP owned 0.17% of iShares MSCI ACWI ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI ACWI ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock worth $110,766,000 after purchasing an additional 105,951 shares during the period. Oppenheimer & Co. Inc. acquired a new stake in iShares MSCI ACWI ETF during the 3rd quarter valued at $351,000. Rhumbline Advisers grew its holdings in iShares MSCI ACWI ETF by 26.4% during the 4th quarter. Rhumbline Advisers now owns 11,224 shares of the company’s stock valued at $1,319,000 after purchasing an additional 2,346 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares MSCI ACWI ETF by 72.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,342 shares of the company’s stock valued at $275,000 after acquiring an additional 984 shares during the last quarter. Finally, BBR Partners LLC bought a new position in iShares MSCI ACWI ETF during the 4th quarter valued at $2,838,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $118.62 on Tuesday. The firm’s 50-day moving average is $120.27 and its 200-day moving average is $119.51. iShares MSCI ACWI ETF has a 1 year low of $104.29 and a 1 year high of $124.15. The company has a market cap of $19.17 billion, a P/E ratio of 22.13 and a beta of 0.93.

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.