Navellier & Associates Inc. Acquires New Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Navellier & Associates Inc. acquired a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,510 shares of the company’s stock, valued at approximately $295,000.

Other large investors also recently bought and sold shares of the company. Pacifica Partners Inc. purchased a new position in iShares MSCI ACWI ETF during the fourth quarter worth approximately $40,000. Centerpoint Advisors LLC purchased a new position in iShares MSCI ACWI ETF during the fourth quarter worth approximately $54,000. MidAtlantic Capital Management Inc. purchased a new position in iShares MSCI ACWI ETF during the third quarter worth approximately $67,000. Avior Wealth Management LLC raised its stake in iShares MSCI ACWI ETF by 405.0% during the fourth quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock worth $71,000 after purchasing an additional 482 shares during the period. Finally, ORG Wealth Partners LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter worth $83,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 1.4 %

iShares MSCI ACWI ETF stock opened at $122.08 on Monday. iShares MSCI ACWI ETF has a 52-week low of $104.29 and a 52-week high of $124.15. The firm has a fifty day moving average of $120.25 and a 200-day moving average of $119.01. The firm has a market capitalization of $19.73 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $1.0662 dividend. 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.