Magnus Financial Group LLC Has $507,000 Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Magnus Financial Group LLC lessened its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 20.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,313 shares of the company’s stock after selling 1,105 shares during the period. Magnus Financial Group LLC’s holdings in iShares MSCI ACWI ETF were worth $507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC raised its holdings in shares of iShares MSCI ACWI ETF by 2.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,265,639 shares of the company’s stock worth $151,307,000 after buying an additional 29,008 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares MSCI ACWI ETF by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after acquiring an additional 105,951 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in iShares MSCI ACWI ETF by 16,345.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock worth $109,529,000 after acquiring an additional 910,603 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of iShares MSCI ACWI ETF by 6.1% during the third quarter. National Bank of Canada FI now owns 892,006 shares of the company’s stock valued at $106,639,000 after acquiring an additional 51,481 shares during the period. Finally, Dimension Capital Management LLC boosted its stake in shares of iShares MSCI ACWI ETF by 1.8% in the 2nd quarter. Dimension Capital Management LLC now owns 881,300 shares of the company’s stock valued at $99,059,000 after purchasing an additional 15,656 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

ACWI opened at $121.40 on Thursday. iShares MSCI ACWI ETF has a twelve month low of $101.59 and a twelve month high of $123.58. The firm has a market cap of $19.81 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The firm’s 50-day simple moving average is $119.82 and its 200-day simple moving average is $117.54.

iShares MSCI ACWI ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

iShares MSCI ACWI ETF Company 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.