Naviter Wealth LLC Buys 121,562 Shares of iShares MSCI ACWI ETF $ACWI

by · The Cerbat Gem

Naviter Wealth LLC grew its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWIFree Report) by 78.7% during the second quarter, HoldingsChannel reports. The firm owned 276,103 shares of the company’s stock after buying an additional 121,562 shares during the period. iShares MSCI ACWI ETF accounts for 4.4% of Naviter Wealth LLC’s portfolio, making the stock its 3rd largest position. Naviter Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $35,507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Moran Wealth Management LLC lifted its stake in shares of iShares MSCI ACWI ETF by 337.6% during the second quarter. Moran Wealth Management LLC now owns 9,250 shares of the company’s stock worth $1,190,000 after purchasing an additional 7,136 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of iShares MSCI ACWI ETF by 17.9% during the second quarter. Sequoia Financial Advisors LLC now owns 1,325,997 shares of the company’s stock worth $170,523,000 after purchasing an additional 201,224 shares in the last quarter. MGO One Seven LLC lifted its stake in shares of iShares MSCI ACWI ETF by 832.8% during the second quarter. MGO One Seven LLC now owns 66,422 shares of the company’s stock worth $8,542,000 after purchasing an additional 59,301 shares in the last quarter. Pathway Financial Advisors LLC lifted its stake in shares of iShares MSCI ACWI ETF by 6,875.8% during the second quarter. Pathway Financial Advisors LLC now owns 244,292 shares of the company’s stock worth $31,416,000 after purchasing an additional 240,790 shares in the last quarter. Finally, Gibson Capital LLC acquired a new position in shares of iShares MSCI ACWI ETF during the second quarter worth about $212,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $137.82 on Tuesday. The stock’s 50-day moving average is $135.33 and its two-hundred day moving average is $126.84. The stock has a market cap of $22.77 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $140.24.

About iShares MSCI ACWI ETF

(Free Report)

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.

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