Algorithmic Investment Models LLC Acquires Shares of 4,118 iShares MSCI ACWI ETF $ACWI

Algorithmic Investment Models LLC acquired a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 4,118 shares of the company’s stock, valued at approximately $569,000.

Several other large investors have also bought and sold shares of the business. Quent Capital LLC bought a new position in iShares MSCI ACWI ETF during the third quarter worth about $25,000. Sagard Holdings Management Inc. bought a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at $32,000. Financial Gravity Companies Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the second quarter worth about $33,000. Westfuller Advisors LLC bought a new position in shares of iShares MSCI ACWI ETF during the third quarter worth about $40,000. Finally, MTM Investment Management LLC bought a new position in shares of iShares MSCI ACWI ETF during the second quarter worth about $87,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.9%

Shares of ACWI stock opened at $147.63 on Monday. The company’s fifty day simple moving average is $144.30 and its 200-day simple moving average is $140.11. The firm has a market cap of $27.31 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $148.41.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.2353 dividend. This represents a dividend yield of 176.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.