Granger Management LLC Has $157.37 Million Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Granger Management LLC grew its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 252.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,339,321 shares of the company’s stock after purchasing an additional 959,000 shares during the period. iShares MSCI ACWI ETF accounts for about 35.8% of Granger Management LLC’s portfolio, making the stock its 2nd largest holding. Granger Management LLC’s holdings in iShares MSCI ACWI ETF were worth $157,370,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Pacifica Partners Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $40,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at approximately $67,000. ORG Wealth Partners LLC acquired a new stake in iShares MSCI ACWI ETF during the fourth quarter worth approximately $83,000. TD Private Client Wealth LLC increased its stake in iShares MSCI ACWI ETF by 81.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock worth $95,000 after acquiring an additional 355 shares during the period. Finally, Quent Capital LLC raised its holdings in iShares MSCI ACWI ETF by 19.9% in the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after acquiring an additional 139 shares in the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

ACWI opened at $121.40 on Thursday. iShares MSCI ACWI ETF has a 52-week low of $101.59 and a 52-week high of $123.58. The firm has a market cap of $19.81 billion, a P/E ratio of 19.74 and a beta of 0.93. The business’s fifty day moving average is $119.82 and its 200-day moving average is $117.54.

iShares MSCI ACWI ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.0662 per share. The ex-dividend date of this dividend 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.