Brown University Acquires Shares of 35,400 iShares MSCI ACWI ETF $ACWI

Brown University bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 35,400 shares of the company’s stock, valued at approximately $4,898,000. iShares MSCI ACWI ETF makes up about 4.8% of Brown University’s portfolio, making the stock its 7th largest position.

A number of other hedge funds and other institutional investors have also modified their holdings of ACWI. Triumph Capital Management purchased a new position in iShares MSCI ACWI ETF in the third quarter valued at about $27,000. Godfrey Financial Associates Inc. purchased a new stake in iShares MSCI ACWI ETF during the 4th quarter worth approximately $27,000. Smith & Howard Wealth Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $31,000. Root Financial Partners LLC raised its position in shares of 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 in the last quarter. Finally, Karpus Management Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the 4th quarter valued at approximately $37,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Up 0.4%

ACWI stock opened at $157.68 on Friday. iShares MSCI ACWI ETF has a twelve month low of $127.77 and a twelve month high of $160.03. The company has a market capitalization of $33.37 billion, a P/E ratio of 20.91 and a beta of 0.92. The firm has a 50 day simple moving average of $156.01 and a 200-day simple moving average of $148.36.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders 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.