Truist Financial Corp Grows Stock Position in iShares MSCI ACWI ETF $ACWI

Truist Financial Corp grew its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 243,976 shares of the company’s stock after purchasing an additional 2,773 shares during the period. Truist Financial Corp’s holdings in iShares MSCI ACWI ETF were worth $31,375,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Financial Gravity Asset Management Inc. acquired a new stake in iShares MSCI ACWI ETF during the 1st quarter valued at $30,000. Rossby Financial LCC acquired a new stake in shares of iShares MSCI ACWI ETF during the first quarter valued at about $39,000. Costello Asset Management INC acquired a new stake in shares of iShares MSCI ACWI ETF during the first quarter valued at about $49,000. Richard Bernstein Advisors LLC increased its position in shares of iShares MSCI ACWI ETF by 1,533.3% during the first quarter. Richard Bernstein Advisors LLC now owns 441 shares of the company’s stock worth $51,000 after acquiring an additional 414 shares during the last quarter. Finally, American National Bank & Trust acquired a new position in shares of iShares MSCI ACWI ETF in the second quarter worth about $64,000. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $139.26 on Friday. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $139.57. The stock has a 50-day moving average price of $134.16 and a 200 day moving average price of $125.74. The company has a market capitalization of $23.62 billion, a P/E ratio of 20.91 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.