Stonebrook Private Inc. Takes Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Stonebrook Private Inc. bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,749 shares of the company’s stock, valued at approximately $992,000.

Several other hedge funds have also modified their holdings of the stock. Baystate Wealth Management LLC raised its stake in shares of iShares MSCI ACWI ETF by 12.5% during the 3rd quarter. Baystate Wealth Management LLC now owns 1,064 shares of the company’s stock worth $98,000 after purchasing an additional 118 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC increased its holdings in shares of iShares MSCI ACWI ETF by 0.4% during the 3rd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 33,925 shares of the company’s stock valued at $3,134,000 after acquiring an additional 137 shares during the last quarter. GenTrust LLC increased its holdings in shares of iShares MSCI ACWI ETF by 2.2% during the 4th quarter. GenTrust LLC now owns 7,367 shares of the company’s stock valued at $750,000 after acquiring an additional 158 shares during the last quarter. PFW Advisors LLC increased its holdings in shares of iShares MSCI ACWI ETF by 1.1% during the 4th quarter. PFW Advisors LLC now owns 17,568 shares of the company’s stock valued at $1,788,000 after acquiring an additional 187 shares during the last quarter. Finally, Global Retirement Partners LLC increased its holdings in shares of iShares MSCI ACWI ETF by 2.3% during the 4th quarter. Global Retirement Partners LLC now owns 8,796 shares of the company’s stock valued at $884,000 after acquiring an additional 201 shares during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ ACWI traded up $0.99 during mid-day trading on Friday, reaching $107.38. 2,381,320 shares of the company traded hands, compared to its average volume of 3,948,074. The stock has a market cap of $18.34 billion, a PE ratio of 19.12 and a beta of 0.93. The company’s fifty day moving average is $107.76 and its two-hundred day moving average is $101.79. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $110.45.

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.