Sageworth Trust Co of South Dakota Acquires 17,140 Shares of iShares MSCI ACWI ETF $ACWI

Sageworth Trust Co of South Dakota raised its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 55.2% during the third quarter, HoldingsChannel reports. The fund owned 48,202 shares of the company’s stock after purchasing an additional 17,140 shares during the quarter. iShares MSCI ACWI ETF comprises about 4.4% of Sageworth Trust Co of South Dakota’s investment portfolio, making the stock its 8th biggest holding. Sageworth Trust Co of South Dakota’s holdings in iShares MSCI ACWI ETF were worth $7,653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of ACWI. Provenance Wealth Advisors LLC raised its stake in shares of iShares MSCI ACWI ETF by 263.5% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 17,229 shares of the company’s stock valued at $2,735,000 after purchasing an additional 12,489 shares during the period. New Capital Management LP boosted its stake in iShares MSCI ACWI ETF by 13.1% in the 3rd quarter. New Capital Management LP now owns 5,173 shares of the company’s stock worth $821,000 after purchasing an additional 598 shares during the period. Elevate Wealth Advisory Inc. purchased a new position in iShares MSCI ACWI ETF during the 3rd quarter valued at about $67,000. P E Global LLC increased its position in shares of iShares MSCI ACWI ETF by 22.3% during the third quarter. P E Global LLC now owns 1,700,703 shares of the company’s stock valued at $270,012,000 after buying an additional 309,668 shares during the period. Finally, Frederick Financial Consultants LLC increased its position in shares of iShares MSCI ACWI ETF by 6.3% during the third quarter. Frederick Financial Consultants LLC now owns 2,238 shares of the company’s stock valued at $355,000 after buying an additional 132 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 1.7%

ACWI stock opened at $158.49 on Thursday. The firm has a 50 day moving average of $159.52 and a 200-day moving average of $153.16. The firm has a market capitalization of $32.78 billion, a P/E ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $133.65 and a 12 month high of $162.80.

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.