Wealth Enhancement Advisory Services LLC Boosts Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 19.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 280,030 shares of the company’s stock after purchasing an additional 45,890 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI ACWI ETF were worth $32,904,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of ACWI. Capital Group Private Client Services Inc. boosted its position in iShares MSCI ACWI ETF by 21,865.4% in the fourth quarter. Capital Group Private Client Services Inc. now owns 1,608,528 shares of the company’s stock worth $189,002,000 after purchasing an additional 1,601,205 shares during the last quarter. Qalhat Capital Ltd boosted its position in iShares MSCI ACWI ETF by 171.9% in the fourth quarter. Qalhat Capital Ltd now owns 1,783,702 shares of the company’s stock worth $209,585,000 after purchasing an additional 1,127,675 shares during the last quarter. Wells Fargo & Company MN boosted its position in iShares MSCI ACWI ETF by 52.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,928,903 shares of the company’s stock worth $226,646,000 after purchasing an additional 661,137 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in iShares MSCI ACWI ETF by 33.5% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock worth $281,744,000 after purchasing an additional 601,720 shares during the last quarter. Finally, Allianz SE purchased a new position in iShares MSCI ACWI ETF in the fourth quarter worth $62,927,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.4%

ACWI stock opened at $123.91 on Friday. The stock’s fifty day simple moving average is $116.66 and its two-hundred day simple moving average is $118.96. iShares MSCI ACWI ETF has a 1-year low of $101.25 and a 1-year high of $124.54. The stock has a market cap of $21.44 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.