Capital Group Private Client Services Inc. Has $2.03 Million Stock Holdings in iShares MSCI ACWI ETF $ACWI

Capital Group Private Client Services Inc. raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 94.0% during the 4th quarter, HoldingsChannel reports. The firm owned 14,373 shares of the company’s stock after purchasing an additional 6,966 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in iShares MSCI ACWI ETF were worth $2,034,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ACWI. NewEdge Advisors LLC grew its holdings in iShares MSCI ACWI ETF by 16.9% during the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares MSCI ACWI ETF by 101.0% during the first quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after purchasing an additional 2,365 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in iShares MSCI ACWI ETF during the second quarter valued at approximately $270,000. First Trust Advisors LP grew its holdings in iShares MSCI ACWI ETF by 66.1% during the second quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Quantinno Capital Management LP grew its holdings in iShares MSCI ACWI ETF by 333.3% during the second quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after purchasing an additional 38,569 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $154.39 on Monday. iShares MSCI ACWI ETF has a 12 month low of $123.20 and a 12 month high of $160.03. The business’s 50 day moving average is $150.34 and its two-hundred day moving average is $145.64. The company has a market cap of $31.93 billion, a PE ratio of 20.91 and a beta of 0.92.

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.