171,025 Shares in iShares MSCI ACWI ETF $ACWI Bought by Arlington Capital Management Inc.

Arlington Capital Management Inc. bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the first quarter, Holdings Channel reports. The firm bought 171,025 shares of the company’s stock, valued at approximately $23,665,000. iShares MSCI ACWI ETF makes up about 13.3% of Arlington Capital Management Inc.’s portfolio, making the stock its biggest holding.

Several other institutional investors have also recently bought and sold shares of ACWI. Triumph Capital Management acquired a new stake in shares of iShares MSCI ACWI ETF in the third quarter worth $27,000. Godfrey Financial Associates Inc. acquired a new position in iShares MSCI ACWI ETF during the 4th quarter valued at $27,000. Smith & Howard Wealth Management LLC acquired a new position in iShares MSCI ACWI ETF during the 4th quarter valued at $31,000. Root Financial Partners LLC boosted its holdings 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 valued at $31,000 after purchasing an additional 213 shares during the period. Finally, Karpus Management Inc. bought a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $37,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4%

NASDAQ ACWI traded up $0.66 during midday trading on Friday, hitting $157.68. The company had a trading volume of 2,306,163 shares, compared to its average volume of 4,720,543. The firm has a fifty day simple moving average of $156.01 and a two-hundred day simple moving average of $148.36. The stock has a market cap of $33.37 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a fifty-two week low of $127.77 and a fifty-two week high of $160.03.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $1.0097 per share. The ex-dividend date was Monday, June 15th.

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.