IFP Advisors Inc Acquires 401 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

IFP Advisors Inc lifted its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,874 shares of the company’s stock after buying an additional 401 shares during the period. IFP Advisors Inc’s holdings in iShares MSCI ACWI ETF were worth $455,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Genesis Wealth Advisors LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $428,000. Wealthspire Advisors LLC grew its holdings in iShares MSCI ACWI ETF by 0.3% during the 4th quarter. Wealthspire Advisors LLC now owns 65,321 shares of the company’s stock valued at $7,675,000 after purchasing an additional 222 shares during the last quarter. Navellier & Associates Inc. bought a new position in iShares MSCI ACWI ETF during the 4th quarter valued at about $295,000. Verger Capital Management LLC grew its holdings in iShares MSCI ACWI ETF by 0.5% during the 4th quarter. Verger Capital Management LLC now owns 242,717 shares of the company’s stock valued at $28,519,000 after purchasing an additional 1,279 shares during the last quarter. Finally, Greystone Financial Group LLC grew its holdings in iShares MSCI ACWI ETF by 6.7% during the 4th quarter. Greystone Financial Group LLC now owns 15,380 shares of the company’s stock valued at $1,807,000 after purchasing an additional 971 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Trading Up 1.0 %

Shares of NASDAQ:ACWI opened at $120.83 on Friday. The company has a market capitalization of $19.53 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $104.29 and a 12 month high of $124.15. The firm’s 50-day moving average is $120.44 and its 200 day moving average is $119.25.

iShares MSCI ACWI ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date of this dividend 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.