iShares MSCI ACWI ETF $ACWI Shares Purchased by Brown Advisory Inc.

Brown Advisory Inc. raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 17.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 705,243 shares of the company’s stock after buying an additional 104,784 shares during the period. Brown Advisory Inc.’s holdings in iShares MSCI ACWI ETF were worth $99,785,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ACWI. NewEdge Advisors LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 16.9% during the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock worth $1,275,000 after purchasing an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares MSCI ACWI ETF by 101.0% during the first quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after purchasing an additional 2,365 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of iShares MSCI ACWI ETF during the second quarter worth $270,000. First Trust Advisors LP boosted its holdings in shares of iShares MSCI ACWI ETF by 66.1% during the second quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock worth $687,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in shares of iShares MSCI ACWI ETF by 333.3% during the second quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock worth $6,448,000 after purchasing an additional 38,569 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $156.47 on Monday. The firm has a market capitalization of $32.36 billion, a P/E ratio of 20.91 and a beta of 0.92. The stock’s fifty day simple moving average is $152.16 and its 200 day simple moving average is $146.26. iShares MSCI ACWI ETF has a twelve month low of $123.20 and a twelve month high of $160.03.

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.