Moran Wealth Management LLC Acquires Shares of 37,542 iShares MSCI ACWI ETF (NASDAQ:ACWI)

Moran Wealth Management LLC acquired a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 37,542 shares of the company’s stock, valued at approximately $4,411,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ACWI. Janney Montgomery Scott LLC increased its position in iShares MSCI ACWI ETF by 4.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock valued at $1,445,000 after acquiring an additional 485 shares in the last quarter. Baker Avenue Asset Management LP acquired a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at about $270,000. Prime Capital Investment Advisors LLC boosted its stake in shares of iShares MSCI ACWI ETF by 1.5% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 13,005 shares of the company’s stock valued at $1,555,000 after purchasing an additional 195 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in shares of iShares MSCI ACWI ETF by 4,514.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 2,815 shares of the company’s stock valued at $337,000 after purchasing an additional 2,754 shares during the last quarter. Finally, Angeles Investment Advisors LLC boosted its stake in shares of iShares MSCI ACWI ETF by 23.6% in the 3rd quarter. Angeles Investment Advisors LLC now owns 15,450 shares of the company’s stock valued at $1,847,000 after purchasing an additional 2,950 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 2.6 %

Shares of NASDAQ ACWI opened at $116.41 on Tuesday. The firm has a market capitalization of $18.81 billion, a PE ratio of 22.13 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $104.29 and a 1 year high of $124.15. The firm’s 50-day moving average is $120.40 and its 200-day moving average is $119.50.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced 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 of this dividend was Tuesday, December 17th.

iShares MSCI ACWI ETF 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.