Beacon Investment Advisory Services Inc. Acquires 71,721 Shares of iShares MSCI ACWI ETF $ACWI

Beacon Investment Advisory Services Inc. grew its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 149.0% in the 4th quarter, Holdings Channel reports. The fund owned 119,857 shares of the company’s stock after purchasing an additional 71,721 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in iShares MSCI ACWI ETF were worth $16,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Koshinski Asset Management Inc. raised its stake in iShares MSCI ACWI ETF by 3.7% during the 3rd quarter. Koshinski Asset Management Inc. now owns 2,260 shares of the company’s stock valued at $312,000 after purchasing an additional 80 shares during the last quarter. Sowell Financial Services LLC lifted its stake in shares of iShares MSCI ACWI ETF by 1.9% in the third quarter. Sowell Financial Services LLC now owns 4,700 shares of the company’s stock valued at $650,000 after buying an additional 86 shares during the period. Strategic Blueprint LLC increased its stake in iShares MSCI ACWI ETF by 0.5% during the third quarter. Strategic Blueprint LLC now owns 16,693 shares of the company’s stock valued at $2,308,000 after acquiring an additional 86 shares during the period. Americana Partners LLC raised its holdings in iShares MSCI ACWI ETF by 2.1% in the 3rd quarter. Americana Partners LLC now owns 4,264 shares of the company’s stock valued at $589,000 after acquiring an additional 88 shares in the last quarter. Finally, Cherrydale Wealth Management LLC lifted its position in shares of iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 10,649 shares of the company’s stock worth $1,507,000 after acquiring an additional 94 shares during the period. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ:ACWI opened at $134.55 on Monday. The firm has a market capitalization of $24.89 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $101.25 and a 1-year high of $148.75. The business’s 50 day moving average is $143.98 and its 200-day moving average is $141.66.

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.