Privium Fund Management UK Ltd Makes New $21.63 Million Investment in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Privium Fund Management UK Ltd bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 181,300 shares of the company’s stock, valued at approximately $21,631,000. iShares MSCI ACWI ETF accounts for approximately 17.6% of Privium Fund Management UK Ltd’s portfolio, making the stock its 2nd biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in ACWI. Cherrydale Wealth Management LLC grew its holdings in shares of iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock worth $1,231,000 after acquiring an additional 94 shares during the period. Merit Financial Group LLC grew its holdings in iShares MSCI ACWI ETF by 1.5% in the fourth quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock valued at $886,000 after purchasing an additional 112 shares during the last quarter. Sapient Capital LLC boosted its position in shares of iShares MSCI ACWI ETF by 4.9% in the 4th quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock worth $304,000 after buying an additional 121 shares in the last quarter. Ballew Advisors Inc grew its stake in iShares MSCI ACWI ETF by 2.2% in the 4th quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock valued at $700,000 after acquiring an additional 128 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in iShares MSCI ACWI ETF by 0.3% during the 4th quarter. Parallel Advisors LLC now owns 58,636 shares of the company’s stock valued at $6,890,000 after acquiring an additional 159 shares in the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Down 0.7 %

Shares of ACWI opened at $117.77 on Wednesday. iShares MSCI ACWI ETF has a 12-month low of $104.29 and a 12-month high of $124.15. The stock has a market cap of $18.91 billion, a P/E ratio of 21.22 and a beta of 0.94. The company has a 50-day moving average of $120.26 and a two-hundred day moving average of $119.51.

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.