BluePointe Capital Management LLC Boosts Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

BluePointe Capital Management LLC boosted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,965 shares of the company’s stock after purchasing an additional 268 shares during the period. iShares MSCI ACWI ETF comprises about 4.0% of BluePointe Capital Management LLC’s investment portfolio, making the stock its 5th biggest position. BluePointe Capital Management LLC’s holdings in iShares MSCI ACWI ETF were worth $7,046,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synergy Investment Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $35,000. Pacifica Partners Inc. acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth approximately $40,000. Centerpoint Advisors LLC acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $54,000. Rialto Wealth Management LLC acquired a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $59,000. Finally, Avior Wealth Management LLC lifted its stake in iShares MSCI ACWI ETF by 405.0% in 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 during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.8 %

Shares of NASDAQ:ACWI opened at $118.73 on Thursday. iShares MSCI ACWI ETF has a 12-month low of $104.29 and a 12-month high of $124.15. The company’s 50 day moving average price is $120.27 and its two-hundred day moving average price is $119.51. The firm has a market cap of $19.19 billion, a PE ratio of 21.22 and a beta of 0.93.

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.