Ameriprise Financial Inc. Acquires 10,836 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Ameriprise Financial Inc. raised its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 9.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,379 shares of the company’s stock after buying an additional 10,836 shares during the period. Ameriprise Financial Inc. owned about 0.08% of iShares MSCI ACWI ETF worth $14,497,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Accredited Wealth Management LLC bought a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $25,000. Synergy Investment Management LLC bought a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $35,000. Centerpoint Advisors LLC bought a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $54,000. Rialto Wealth Management LLC bought a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $59,000. Finally, Avior Wealth Management LLC raised its stake in iShares MSCI ACWI ETF by 405.0% in the fourth quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after buying an additional 482 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.5%

iShares MSCI ACWI ETF stock opened at $124.04 on Friday. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $124.15. The stock’s 50 day moving average is $115.66 and its 200-day moving average is $118.71. The company has a market capitalization of $21.46 billion, a price-to-earnings ratio of 20.75 and a beta of 0.93.

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.