Beacon Investment Advisory Services Inc. Buys New Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Beacon Investment Advisory Services Inc. bought a new position in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,412 shares of the company’s stock, valued at approximately $283,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Granger Management LLC increased its stake in shares of iShares MSCI ACWI ETF by 252.2% in the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after acquiring an additional 959,000 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 2.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,265,639 shares of the company’s stock valued at $151,307,000 after buying an additional 29,008 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI ACWI ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after acquiring an additional 105,951 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of iShares MSCI ACWI ETF by 16,345.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after buying an additional 910,603 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in shares of iShares MSCI ACWI ETF by 6.1% during the third quarter. National Bank of Canada FI now owns 892,006 shares of the company’s stock valued at $106,639,000 after buying an additional 51,481 shares during the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $122.07 on Friday. The firm has a market cap of $19.92 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $102.03 and a 52 week high of $123.58. The firm has a 50-day moving average price of $119.84 and a two-hundred day moving average price of $117.56.

iShares MSCI ACWI ETF Dividend Announcement

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

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.