iShares MSCI ACWI ETF $ACWI Shares Acquired by Drake & Associates LLC

Drake & Associates LLC increased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,227 shares of the company’s stock after acquiring an additional 7,465 shares during the quarter. iShares MSCI ACWI ETF makes up about 5.8% of Drake & Associates LLC’s portfolio, making the stock its 7th biggest holding. Drake & Associates LLC owned approximately 0.11% of iShares MSCI ACWI ETF worth $23,563,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Cherrydale Wealth Management LLC boosted its holdings in iShares MSCI ACWI ETF by 0.8% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,555 shares of the company’s stock valued at $1,357,000 after purchasing an additional 80 shares during the last quarter. Robertson Stephens Wealth Management LLC raised its position in shares of iShares MSCI ACWI ETF by 2.9% during the 1st quarter. Robertson Stephens Wealth Management LLC now owns 3,428 shares of the company’s stock valued at $399,000 after buying an additional 96 shares during the period. Sheets Smith Wealth Management raised its position in shares of iShares MSCI ACWI ETF by 1.4% during the 2nd quarter. Sheets Smith Wealth Management now owns 7,029 shares of the company’s stock valued at $904,000 after buying an additional 99 shares during the period. YHB Investment Advisors Inc. lifted its holdings in iShares MSCI ACWI ETF by 1.1% in the second quarter. YHB Investment Advisors Inc. now owns 9,300 shares of the company’s stock valued at $1,196,000 after acquiring an additional 100 shares during the last quarter. Finally, Ruggaard & Associates LLC grew its position in iShares MSCI ACWI ETF by 3.9% in the first quarter. Ruggaard & Associates LLC now owns 2,923 shares of the company’s stock worth $340,000 after acquiring an additional 110 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4%

NASDAQ:ACWI opened at $140.05 on Tuesday. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $140.24. The company has a market capitalization of $23.14 billion, a P/E ratio of 20.91 and a beta of 0.93. The stock’s fifty day moving average is $134.49 and its two-hundred day moving average is $126.15.

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.