Stonehearth Capital Management LLC Buys 2,357 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Stonehearth Capital Management LLC lifted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,771 shares of the company’s stock after purchasing an additional 2,357 shares during the period. iShares MSCI ACWI ETF comprises 3.5% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 9th biggest position. Stonehearth Capital Management LLC’s holdings in iShares MSCI ACWI ETF were worth $8,786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of ACWI. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the second quarter valued at about $39,000. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at about $67,000. TD Private Client Wealth LLC raised its holdings in iShares MSCI ACWI ETF by 81.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock valued at $95,000 after acquiring an additional 355 shares during the last quarter. Quent Capital LLC lifted its stake in iShares MSCI ACWI ETF by 19.9% in the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock worth $100,000 after purchasing an additional 139 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at approximately $129,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI traded down $0.49 during midday trading on Tuesday, hitting $118.82. The company had a trading volume of 1,448,420 shares, compared to its average volume of 2,748,035. The business’s 50-day simple moving average is $120.08 and its 200-day simple moving average is $117.13. The stock has a market cap of $19.39 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a twelve month low of $99.26 and a twelve month high of $123.58.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

iShares MSCI ACWI ETF Company 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.