WCM Investment Management LLC Buys 69,225 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

WCM Investment Management LLC lifted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11,634.5% in the fourth quarter, HoldingsChannel reports. The fund owned 69,820 shares of the company’s stock after acquiring an additional 69,225 shares during the period. WCM Investment Management LLC’s holdings in iShares MSCI ACWI ETF were worth $8,226,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pacifica Partners Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the 4th quarter valued at $40,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ETF during the third quarter worth $67,000. Avior Wealth Management LLC grew 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 valued at $71,000 after acquiring an additional 482 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $83,000. Finally, TD Private Client Wealth LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 81.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock valued at $95,000 after purchasing an additional 355 shares during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 0.8 %

Shares of iShares MSCI ACWI ETF stock opened at $121.33 on Monday. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a twelve month low of $102.89 and a twelve month high of $123.58. The business has a 50-day moving average price of $120.13 and a 200-day moving average price of $118.10.

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 $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.