Brown Advisory Inc. Acquires 25,107 Shares of iShares MSCI ACWI ETF $ACWI

Brown Advisory Inc. boosted its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 5.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 492,387 shares of the company’s stock after acquiring an additional 25,107 shares during the quarter. Brown Advisory Inc. owned 0.29% of iShares MSCI ACWI ETF worth $63,321,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the second quarter worth approximately $33,000. American National Bank & Trust bought a new stake in iShares MSCI ACWI ETF during the second quarter worth $64,000. Bartlett & CO. Wealth Management LLC raised its position in iShares MSCI ACWI ETF by 607.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 495 shares of the company’s stock valued at $64,000 after buying an additional 425 shares during the last quarter. Pandora Wealth Inc. bought a new position in iShares MSCI ACWI ETF during the 1st quarter valued at $74,000. Finally, MTM Investment Management LLC purchased a new position in iShares MSCI ACWI ETF during the 2nd quarter worth $87,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $142.10 on Friday. The company has a fifty day moving average price of $139.80 and a 200-day moving average price of $133.53. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $101.25 and a 1 year high of $143.04.

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.