Drake & Associates LLC Boosts Holdings in iShares MSCI ACWI ETF $ACWI

Drake & Associates LLC grew its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 223,385 shares of the company’s stock after acquiring an additional 19,161 shares during the quarter. iShares MSCI ACWI ETF comprises about 6.3% of Drake & Associates LLC’s investment portfolio, making the stock its 6th biggest holding. Drake & Associates LLC owned 0.12% of iShares MSCI ACWI ETF worth $31,607,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Morgan Stanley grew its position in iShares MSCI ACWI ETF by 20.5% in the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock worth $1,193,812,000 after purchasing an additional 1,438,226 shares during the period. Mass General Brigham Inc purchased a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at $652,828,000. Qalhat Capital Ltd lifted its holdings in shares of iShares MSCI ACWI ETF by 46.4% during the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after buying an additional 1,137,134 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI ACWI ETF by 270.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after buying an additional 1,911,879 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of iShares MSCI ACWI ETF by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock worth $251,723,000 after buying an additional 89,940 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $157.74 on Friday. iShares MSCI ACWI ETF has a 1 year low of $123.20 and a 1 year high of $160.03. The company has a market cap of $32.62 billion, a P/E ratio of 20.91 and a beta of 0.92. The stock’s fifty day moving average price is $153.55 and its 200-day moving average price is $146.73.

iShares MSCI ACWI ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.