Advisors Capital Management LLC Raises Stock Holdings in iShares MSCI ACWI ETF $ACWI

Advisors Capital Management LLC raised its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 496.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,915 shares of the company’s stock after purchasing an additional 7,420 shares during the quarter. Advisors Capital Management LLC’s holdings in iShares MSCI ACWI ETF were worth $1,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ACWI. NavPoint Financial Inc. boosted its stake in shares of iShares MSCI ACWI ETF by 0.9% during the 4th quarter. NavPoint Financial Inc. now owns 8,793 shares of the company’s stock valued at $1,244,000 after buying an additional 76 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in iShares MSCI ACWI ETF by 3.7% in the third quarter. Koshinski Asset Management Inc. now owns 2,260 shares of the company’s stock valued at $312,000 after acquiring an additional 80 shares in the last quarter. Sowell Financial Services LLC boosted its stake in iShares MSCI ACWI ETF by 1.9% during the 3rd quarter. Sowell Financial Services LLC now owns 4,700 shares of the company’s stock valued at $650,000 after acquiring an additional 86 shares during the last quarter. Strategic Blueprint LLC boosted its stake in iShares MSCI ACWI ETF by 0.5% during the 3rd quarter. Strategic Blueprint LLC now owns 16,693 shares of the company’s stock valued at $2,308,000 after acquiring an additional 86 shares during the last quarter. Finally, Americana Partners LLC grew its holdings in iShares MSCI ACWI ETF by 2.1% during the 3rd quarter. Americana Partners LLC now owns 4,264 shares of the company’s stock worth $589,000 after acquiring an additional 88 shares in the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

ACWI opened at $150.51 on Tuesday. The company has a 50-day moving average of $143.77 and a 200-day moving average of $142.72. The company has a market capitalization of $31.13 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1-year low of $114.85 and a 1-year high of $151.47.

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.