WestEnd Advisors LLC Buys 80,786 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

WestEnd Advisors LLC grew its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1,167.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 87,706 shares of the company’s stock after purchasing an additional 80,786 shares during the quarter. WestEnd Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $10,305,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ACWI. Granger Management LLC lifted its position in shares of iShares MSCI ACWI ETF by 252.2% in the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock worth $157,370,000 after purchasing an additional 959,000 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in iShares MSCI ACWI ETF by 16,345.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock worth $109,529,000 after buying an additional 910,603 shares during the period. DRW Securities LLC boosted its position in iShares MSCI ACWI ETF by 842.9% during the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after acquiring an additional 316,256 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $18,093,000. Finally, FMR LLC raised its position in shares of iShares MSCI ACWI ETF by 98.3% in the 3rd quarter. FMR LLC now owns 281,784 shares of the company’s stock worth $33,687,000 after acquiring an additional 139,701 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

ACWI stock opened at $121.33 on Friday. iShares MSCI ACWI ETF has a one year low of $102.89 and a one year high of $123.58. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The firm has a 50-day simple moving average of $120.13 and a two-hundred day simple moving average of $118.07.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.0662 dividend. The ex-dividend date of this dividend 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.