iShares MSCI ACWI ETF (NASDAQ:ACWI) is Crestone Asset Management LLC’s 8th Largest Position

Crestone Asset Management LLC grew its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 173,769 shares of the company’s stock after purchasing an additional 2,620 shares during the period. iShares MSCI ACWI ETF accounts for 4.0% of Crestone Asset Management LLC’s holdings, making the stock its 8th largest position. Crestone Asset Management LLC’s holdings in iShares MSCI ACWI ETF were worth $17,684,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ACWI. OVERSEA CHINESE BANKING Corp Ltd increased its stake in iShares MSCI ACWI ETF by 9.6% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,078,298 shares of the company’s stock worth $99,602,000 after acquiring an additional 94,090 shares during the last quarter. Sapient Capital LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $251,000. Gryphon Financial Partners LLC lifted its position in shares of iShares MSCI ACWI ETF by 0.7% during the 3rd quarter. Gryphon Financial Partners LLC now owns 105,498 shares of the company’s stock worth $9,745,000 after purchasing an additional 698 shares during the last quarter. Brighton Jones LLC boosted its position in shares of iShares MSCI ACWI ETF by 8.6% during the 4th quarter. Brighton Jones LLC now owns 22,005 shares of the company’s stock worth $2,239,000 after acquiring an additional 1,748 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in shares of iShares MSCI ACWI ETF by 1.6% during the 4th quarter. Fifth Third Bancorp now owns 15,856 shares of the company’s stock worth $1,614,000 after acquiring an additional 250 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.1 %

ACWI traded down $0.06 on Wednesday, reaching $109.38. The company’s stock had a trading volume of 564,069 shares, compared to its average volume of 3,777,601. The company has a market capitalization of $18.27 billion, a price-to-earnings ratio of 19.74 and a beta of 0.95. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $110.45. The stock has a 50 day moving average of $108.01 and a two-hundred day moving average of $102.60.

About iShares MSCI ACWI ETF

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.