Cambridge Associates LLC MA ADV Has $40.58 Million Stake in iShares MSCI ACWI ETF $ACWI

Cambridge Associates LLC MA ADV increased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 10.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 286,778 shares of the company’s stock after purchasing an additional 26,301 shares during the period. iShares MSCI ACWI ETF comprises about 0.6% of Cambridge Associates LLC MA ADV’s investment portfolio, making the stock its 21st biggest holding. Cambridge Associates LLC MA ADV owned 0.16% of iShares MSCI ACWI ETF worth $40,576,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in iShares MSCI ACWI ETF in the 3rd quarter worth about $27,000. Godfrey Financial Associates Inc. purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter worth about $27,000. Smith & Howard Wealth Management LLC purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter worth about $31,000. Root Financial Partners LLC lifted its stake in iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares in the last quarter. Finally, Karpus Management Inc. purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.4%

Shares of iShares MSCI ACWI ETF stock opened at $157.34 on Wednesday. The company has a market cap of $32.54 billion, a P/E ratio of 20.91 and a beta of 0.92. The stock has a 50-day moving average price of $152.89 and a 200 day moving average price of $146.51. iShares MSCI ACWI ETF has a 1 year low of $123.20 and a 1 year high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be paid a $1.0097 dividend. The ex-dividend date is Monday, June 15th.

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.