Assetmark Inc. Increases Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Assetmark Inc. boosted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 484,716 shares of the company’s stock after purchasing an additional 11,344 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI ACWI ETF were worth $56,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. P E Global LLC grew its position in shares of iShares MSCI ACWI ETF by 5.4% during the 4th quarter. P E Global LLC now owns 2,229,221 shares of the company’s stock worth $261,933,000 after buying an additional 114,345 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in iShares MSCI ACWI ETF by 12.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock worth $203,130,000 after acquiring an additional 192,070 shares during the period. Granger Management LLC grew its holdings in iShares MSCI ACWI ETF by 252.2% during the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock worth $157,370,000 after acquiring an additional 959,000 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI ACWI ETF by 12.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after purchasing an additional 105,951 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its position in iShares MSCI ACWI ETF by 16,345.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after purchasing an additional 910,603 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $118.68 on Wednesday. The company has a 50 day moving average price of $120.43 and a 200-day moving average price of $119.41. iShares MSCI ACWI ETF has a fifty-two week low of $104.29 and a fifty-two week high of $124.15. The stock has a market capitalization of $19.18 billion, a PE ratio of 22.13 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

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