Bank of Nova Scotia Acquires 240,570 Shares of iShares MSCI ACWI ETF $ACWI

Bank of Nova Scotia grew its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 206.8% in the first quarter, HoldingsChannel reports. The fund owned 356,920 shares of the company’s stock after acquiring an additional 240,570 shares during the period. Bank of Nova Scotia’s holdings in iShares MSCI ACWI ETF were worth $49,387,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ACWI. Cetera Investment Advisers increased its stake in shares of iShares MSCI ACWI ETF by 5.9% in the 1st quarter. Cetera Investment Advisers now owns 111,218 shares of the company’s stock valued at $15,389,000 after acquiring an additional 6,172 shares during the last quarter. Aureus Asset Management LLC bought a new position in iShares MSCI ACWI ETF in the first quarter valued at approximately $496,000. Cambridge Associates LLC MA ADV raised its position in iShares MSCI ACWI ETF by 2.7% during the first quarter. Cambridge Associates LLC MA ADV now owns 274,706 shares of the company’s stock worth $38,011,000 after acquiring an additional 7,163 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in iShares MSCI ACWI ETF by 2.8% during the first quarter. First Citizens Bank & Trust Co. now owns 15,028 shares of the company’s stock worth $2,079,000 after purchasing an additional 408 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in iShares MSCI ACWI ETF by 360.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 921,500 shares of the company’s stock valued at $127,508,000 after purchasing an additional 721,500 shares during the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $154.30 on Friday. The firm has a market cap of $32.40 billion, a P/E ratio of 20.91 and a beta of 0.92. The firm’s 50-day simple moving average is $156.25 and its 200 day simple moving average is $149.30. iShares MSCI ACWI ETF has a 52 week low of $127.77 and a 52 week high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date was 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.