Elmwood Wealth Management Inc. Takes Position in iShares MSCI ACWI ETF $ACWI

Elmwood Wealth Management Inc. acquired a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,306 shares of the company’s stock, valued at approximately $1,317,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Qalhat Capital Ltd boosted its holdings in iShares MSCI ACWI ETF by 46.4% in the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after acquiring an additional 1,137,134 shares during the last quarter. Phoenix Financial Ltd. increased its position in iShares MSCI ACWI ETF by 41.7% during the 3rd quarter. Phoenix Financial Ltd. now owns 3,247,975 shares of the company’s stock valued at $449,120,000 after purchasing an additional 955,464 shares during the period. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York raised its holdings in iShares MSCI ACWI ETF by 112.8% during the 3rd quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York now owns 734,331 shares of the company’s stock worth $101,514,000 after purchasing an additional 389,229 shares during the last quarter. Assetmark Inc. raised its holdings in iShares MSCI ACWI ETF by 73.1% during the 3rd quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock worth $108,979,000 after purchasing an additional 332,908 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in shares of iShares MSCI ACWI ETF by 84.4% in the 3rd quarter. Bank of Montreal Can now owns 727,030 shares of the company’s stock worth $100,505,000 after purchasing an additional 332,723 shares during the period. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $136.54 on Monday. The firm’s fifty day moving average is $144.73 and its 200-day moving average is $141.56. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $148.75. The firm has a market cap of $25.26 billion, a P/E ratio of 20.91 and a beta of 0.93.

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.