Royal Bank of Canada Increases Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Royal Bank of Canada grew its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 35.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 635,001 shares of the company’s stock after buying an additional 165,604 shares during the quarter. Royal Bank of Canada owned 0.39% of iShares MSCI ACWI ETF worth $74,612,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in shares of iShares MSCI ACWI ETF by 53.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 4,511 shares of the company’s stock valued at $530,000 after buying an additional 1,577 shares in the last quarter. Arlington Capital Management Inc. raised its position in shares of iShares MSCI ACWI ETF by 491.8% during the 4th quarter. Arlington Capital Management Inc. now owns 265,658 shares of the company’s stock valued at $31,215,000 after buying an additional 220,771 shares in the last quarter. Privium Fund Management UK Ltd purchased a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at about $21,631,000. Jones Financial Companies Lllp raised its position in shares of iShares MSCI ACWI ETF by 72.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,342 shares of the company’s stock valued at $275,000 after buying an additional 984 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at about $10,937,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Down 0.1%

Shares of NASDAQ ACWI opened at $124.29 on Wednesday. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month high of $124.48. The stock has a market capitalization of $21.50 billion, a price-to-earnings ratio of 20.75 and a beta of 0.93. The firm’s 50-day moving average price is $116.00 and its 200-day moving average price is $118.81.

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.