Catalyst Financial Partners LLC Buys Shares of 38,987 iShares MSCI ACWI ETF $ACWI

Catalyst Financial Partners LLC bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the fourth quarter, HoldingsChannel.com reports. The firm bought 38,987 shares of the company’s stock, valued at approximately $5,516,000. iShares MSCI ACWI ETF makes up about 0.6% of Catalyst Financial Partners LLC’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in ACWI. NewEdge Advisors LLC raised its stake in iShares MSCI ACWI ETF by 16.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after buying an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp raised its stake in iShares MSCI ACWI ETF by 101.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after buying an additional 2,365 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in iShares MSCI ACWI ETF during the 2nd quarter valued at $270,000. First Trust Advisors LP raised its stake in iShares MSCI ACWI ETF by 66.1% during the 2nd quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after buying an additional 2,125 shares during the last quarter. Finally, Quantinno Capital Management LP raised its stake in iShares MSCI ACWI ETF by 333.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after buying an additional 38,569 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Up 0.8%

Shares of ACWI opened at $155.89 on Thursday. The firm has a market cap of $32.24 billion, a PE ratio of 20.91 and a beta of 0.92. The firm has a fifty day simple moving average of $145.02 and a two-hundred day simple moving average of $143.76. iShares MSCI ACWI ETF has a 1-year low of $121.25 and a 1-year high of $156.08.

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.