iShares MSCI ACWI ETF $ACWI Position Boosted by Drake & Associates LLC

Drake & Associates LLC lifted its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,224 shares of the company’s stock after acquiring an additional 20,997 shares during the quarter. iShares MSCI ACWI ETF makes up 6.0% of Drake & Associates LLC’s portfolio, making the stock its 7th biggest position. Drake & Associates LLC owned 0.12% of iShares MSCI ACWI ETF worth $28,706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Qalhat Capital Ltd raised its holdings in iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after purchasing an additional 1,137,134 shares in the last quarter. Phoenix Financial Ltd. increased its position in shares of iShares MSCI ACWI ETF by 41.7% during the third quarter. Phoenix Financial Ltd. now owns 3,247,975 shares of the company’s stock valued at $449,120,000 after buying an additional 955,464 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares MSCI ACWI ETF by 7.8% in the second quarter. PNC Financial Services Group Inc. now owns 1,359,545 shares of the company’s stock worth $174,837,000 after buying an additional 98,146 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in iShares MSCI ACWI ETF by 17.9% in the second quarter. Sequoia Financial Advisors LLC now owns 1,325,997 shares of the company’s stock worth $170,523,000 after buying an additional 201,224 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in iShares MSCI ACWI ETF by 10.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,178,286 shares of the company’s stock valued at $151,528,000 after acquiring an additional 110,585 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

ACWI stock opened at $147.71 on Thursday. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $148.41. The company has a market capitalization of $27.33 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. The business’s 50 day moving average price is $143.72 and its two-hundred day moving average price is $139.26.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $1.2353 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 176.0%.

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.