Assetmark Inc. Boosts Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Assetmark Inc. raised its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 484,716 shares of the company’s stock after acquiring an additional 11,344 shares during the period. Assetmark Inc. owned approximately 0.30% of iShares MSCI ACWI ETF worth $56,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in ACWI. Janney Montgomery Scott LLC grew its holdings in iShares MSCI ACWI ETF by 4.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock valued at $1,445,000 after purchasing an additional 485 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI ACWI ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after buying an additional 105,951 shares during the period. Oppenheimer & Co. Inc. bought a new position in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $351,000. Edge Capital Group LLC raised its holdings in shares of iShares MSCI ACWI ETF by 13.1% in the fourth quarter. Edge Capital Group LLC now owns 4,878 shares of the company’s stock worth $573,000 after buying an additional 564 shares during the period. Finally, Bleakley Financial Group LLC raised its holdings in shares of iShares MSCI ACWI ETF by 2.7% in the fourth quarter. Bleakley Financial Group LLC now owns 19,302 shares of the company’s stock worth $2,268,000 after buying an additional 511 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.7 %

ACWI opened at $118.68 on Wednesday. The business has a fifty day moving average of $120.43 and a 200 day moving average of $119.41. The stock has a market cap of $19.18 billion, a P/E ratio of 22.13 and a beta of 0.93. iShares MSCI ACWI ETF has a 52-week low of $104.29 and a 52-week high of $124.15.

iShares MSCI ACWI ETF Dividend Announcement

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