Client 1ST Advisory Group LLC Invests $566,000 in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Client 1ST Advisory Group LLC acquired a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 4,817 shares of the company’s stock, valued at approximately $566,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ACWI. Sequoia Financial Advisors LLC raised its position in shares of iShares MSCI ACWI ETF by 2.3% in the third quarter. Sequoia Financial Advisors LLC now owns 1,265,639 shares of the company’s stock valued at $151,307,000 after buying an additional 29,008 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares MSCI ACWI ETF by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after acquiring an additional 105,951 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in iShares MSCI ACWI ETF by 16,345.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after acquiring an additional 910,603 shares during the last quarter. National Bank of Canada FI lifted its stake in iShares MSCI ACWI ETF by 6.1% in the 3rd quarter. National Bank of Canada FI now owns 892,006 shares of the company’s stock worth $106,639,000 after purchasing an additional 51,481 shares in the last quarter. Finally, Dimension Capital Management LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 1.8% during the 2nd quarter. Dimension Capital Management LLC now owns 881,300 shares of the company’s stock worth $99,059,000 after purchasing an additional 15,656 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $119.60 on Monday. iShares MSCI ACWI ETF has a one year low of $99.89 and a one year high of $123.58. The stock has a market cap of $19.52 billion, a PE ratio of 19.74 and a beta of 0.93. The stock has a 50 day moving average price of $119.84 and a 200 day moving average price of $117.45.

iShares MSCI ACWI ETF Dividend Announcement

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.