Zurich Insurance Group Ltd FI Purchases New Shares in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Zurich Insurance Group Ltd FI purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 49,304 shares of the company’s stock, valued at approximately $5,826,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its holdings in shares of iShares MSCI ACWI ETF by 53.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 4,511 shares of the company’s stock valued at $530,000 after buying an additional 1,577 shares during the last quarter. Arlington Capital Management Inc. increased its position in iShares MSCI ACWI ETF by 491.8% in the 4th quarter. Arlington Capital Management Inc. now owns 265,658 shares of the company’s stock valued at $31,215,000 after acquiring an additional 220,771 shares during the period. Privium Fund Management UK Ltd purchased a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at approximately $21,631,000. Jones Financial Companies Lllp raised its stake in iShares MSCI ACWI ETF by 72.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,342 shares of the company’s stock valued at $275,000 after acquiring an additional 984 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in iShares MSCI ACWI ETF during the 4th quarter worth approximately $10,937,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Down 0.1%

NASDAQ:ACWI opened at $124.29 on Wednesday. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month high of $124.48. The stock’s 50 day simple moving average is $116.00 and its 200-day simple moving average is $118.81. The firm has a market cap of $21.50 billion, a P/E ratio of 20.75 and a beta of 0.93.

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.