Bessemer Group Inc. Increases Stock Holdings in iShares MSCI ACWI ETF $ACWI

Bessemer Group Inc. increased its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 56.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 493,941 shares of the company’s stock after acquiring an additional 178,372 shares during the quarter. Bessemer Group Inc.’s holdings in iShares MSCI ACWI ETF were worth $63,521,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH lifted its stake in iShares MSCI ACWI ETF by 1.8% in the first quarter. Allianz Asset Management GmbH now owns 1,760,090 shares of the company’s stock worth $204,857,000 after acquiring an additional 31,320 shares during the period. EP Wealth Advisors LLC lifted its stake in iShares MSCI ACWI ETF by 22.0% in the first quarter. EP Wealth Advisors LLC now owns 37,442 shares of the company’s stock worth $4,358,000 after acquiring an additional 6,752 shares during the period. Farther Finance Advisors LLC lifted its stake in iShares MSCI ACWI ETF by 14.1% in the second quarter. Farther Finance Advisors LLC now owns 2,804 shares of the company’s stock worth $361,000 after acquiring an additional 347 shares during the period. Victory Capital Management Inc. lifted its stake in iShares MSCI ACWI ETF by 90.3% in the first quarter. Victory Capital Management Inc. now owns 80,414 shares of the company’s stock worth $9,359,000 after acquiring an additional 38,148 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in iShares MSCI ACWI ETF by 290.8% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,725 shares of the company’s stock worth $1,508,000 after acquiring an additional 8,725 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 1.1%

Shares of ACWI stock opened at $142.34 on Tuesday. The stock has a fifty day moving average of $136.79 and a 200 day moving average of $128.86. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $142.41. The firm has a market capitalization of $23.66 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

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.