BNP Paribas Financial Markets Increases Position in iShares MSCI ACWI ETF $ACWI

BNP Paribas Financial Markets lifted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 270.0% during the fourth quarter, HoldingsChannel reports. The fund owned 2,620,110 shares of the company’s stock after acquiring an additional 1,911,879 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares MSCI ACWI ETF were worth $370,719,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Triumph Capital Management purchased a new position in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $27,000. Godfrey Financial Associates Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $27,000. Smith & Howard Wealth Management LLC purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $31,000. Rakuten Securities Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $71,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $80,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.2%

NASDAQ:ACWI opened at $158.54 on Friday. The company has a market cap of $32.79 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a fifty-two week low of $122.56 and a fifty-two week high of $159.05. The firm’s 50 day moving average is $148.37 and its two-hundred day moving average is $145.00.

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.