Focus Partners Wealth Grows Stake in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Focus Partners Wealth raised its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,192 shares of the company’s stock after acquiring an additional 8,828 shares during the quarter. Focus Partners Wealth owned approximately 0.13% of iShares MSCI ACWI ETF worth $23,962,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its holdings in iShares MSCI ACWI ETF by 11.7% during the 3rd quarter. Franklin Resources Inc. now owns 25,733 shares of the company’s stock worth $3,090,000 after acquiring an additional 2,690 shares during the period. Winthrop Advisory Group LLC increased its holdings in iShares MSCI ACWI ETF by 81.3% during the 4th quarter. Winthrop Advisory Group LLC now owns 6,653 shares of the company’s stock worth $782,000 after acquiring an additional 2,984 shares during the period. Eagle Bay Advisors LLC bought a new stake in iShares MSCI ACWI ETF during the 4th quarter worth approximately $1,080,000. Sivia Capital Partners LLC increased its holdings in iShares MSCI ACWI ETF by 48.0% during the 4th quarter. Sivia Capital Partners LLC now owns 10,916 shares of the company’s stock worth $1,283,000 after acquiring an additional 3,540 shares during the period. Finally, Catalyst Private Wealth LLC increased its holdings in iShares MSCI ACWI ETF by 5.3% during the 4th quarter. Catalyst Private Wealth LLC now owns 17,931 shares of the company’s stock worth $2,107,000 after acquiring an additional 908 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI opened at $119.13 on Monday. The company’s fifty day moving average price is $115.18 and its 200-day moving average price is $118.57. The firm has a market capitalization of $20.61 billion, a price-to-earnings ratio of 19.88 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $124.15.

About iShares MSCI ACWI ETF

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.