GEN Financial Management INC. Invests $210,000 in iShares MSCI ACWI ETF (NASDAQ:ACWI)

GEN Financial Management INC. purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,788 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Granger Management LLC increased its position in shares of 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 buying an additional 959,000 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its stake 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. DRW Securities LLC increased its holdings in iShares MSCI ACWI ETF by 842.9% during the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after acquiring an additional 316,256 shares in the last quarter. Bricktown Capital LLC raised its position in iShares MSCI ACWI ETF by 214.4% during the third quarter. Bricktown Capital LLC now owns 418,974 shares of the company’s stock worth $50,088,000 after acquiring an additional 285,698 shares during the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter valued at about $18,093,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $120.21 on Tuesday. The company’s 50 day simple moving average is $120.10 and its 200-day simple moving average is $117.87. iShares MSCI ACWI ETF has a 12 month low of $102.82 and a 12 month high of $123.58. The firm has a market capitalization of $19.62 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $1.0662 per share. 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.