Brand Asset Management Group Inc. Boosts Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Brand Asset Management Group Inc. boosted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 10.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,816 shares of the company’s stock after acquiring an additional 267 shares during the period. Brand Asset Management Group Inc.’s holdings in iShares MSCI ACWI ETF were worth $331,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Pacifica Partners Inc. acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at about $40,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at approximately $67,000. ORG Wealth Partners LLC purchased a new position in iShares MSCI ACWI ETF during the fourth quarter worth approximately $83,000. TD Private Client Wealth LLC boosted its stake in iShares MSCI ACWI ETF by 81.4% during the third quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock worth $95,000 after buying an additional 355 shares during the last quarter. Finally, Quent Capital LLC boosted its position in shares of iShares MSCI ACWI ETF by 19.9% during the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after acquiring an additional 139 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $119.60 on Friday. The firm has a 50 day simple moving average of $119.84 and a 200-day simple moving average of $117.40. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $99.89 and a 1-year high of $123.58.

iShares MSCI ACWI ETF Announces Dividend

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

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.