Beacon Investment Advisory Services Inc. Has $16.96 Million Stake in iShares MSCI ACWI ETF $ACWI

Beacon Investment Advisory Services Inc. raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 149.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,857 shares of the company’s stock after buying an additional 71,721 shares during the period. Beacon Investment Advisory Services Inc. owned 0.07% of iShares MSCI ACWI ETF worth $16,959,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in shares of iShares MSCI ACWI ETF by 16.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after acquiring an additional 1,585 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares MSCI ACWI ETF by 101.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after buying an additional 2,365 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of iShares MSCI ACWI ETF by 25.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,692 shares of the company’s stock worth $603,000 after buying an additional 961 shares during the period. Russell Investments Group Ltd. acquired a new position in iShares MSCI ACWI ETF in the 2nd quarter valued at $270,000. Finally, Hsbc Holdings PLC raised its holdings in iShares MSCI ACWI ETF by 21.7% in the 2nd quarter. Hsbc Holdings PLC now owns 682,930 shares of the company’s stock worth $87,825,000 after acquiring an additional 121,589 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $134.55 on Monday. The firm has a market cap of $24.89 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $148.75. The firm has a fifty day moving average price of $143.98 and a two-hundred day moving average price of $141.66.

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.