PNC Financial Services Group Inc. Buys 94,541 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

PNC Financial Services Group Inc. boosted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,384,804 shares of the company’s stock after acquiring an additional 94,541 shares during the quarter. PNC Financial Services Group Inc. owned 0.85% of iShares MSCI ACWI ETF worth $162,715,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ACWI. Granger Management LLC lifted its holdings in iShares MSCI ACWI ETF by 252.2% during the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after purchasing an additional 959,000 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of 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 in the last quarter. DRW Securities LLC raised its stake in shares of iShares MSCI ACWI ETF by 842.9% in the third 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 during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $32,044,000. Finally, Allianz Asset Management GmbH grew its position in iShares MSCI ACWI ETF by 12.5% during the 4th quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock worth $203,130,000 after acquiring an additional 192,070 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $119.50 on Friday. The business has a fifty day moving average price of $120.43 and a 200 day moving average price of $119.47. iShares MSCI ACWI ETF has a fifty-two week low of $104.29 and a fifty-two week high of $124.15. The stock has a market capitalization of $19.31 billion, a price-to-earnings ratio of 22.13 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.