Apollon Wealth Management LLC Raises Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Apollon Wealth Management LLC raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,487 shares of the company’s stock after purchasing an additional 420 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $1,585,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ACWI. Granger Management LLC raised its stake in iShares MSCI ACWI ETF by 252.2% in the 4th quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after purchasing an additional 959,000 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of iShares MSCI ACWI ETF by 16,345.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after buying an additional 910,603 shares during the last quarter. DRW Securities LLC lifted its stake in shares of iShares MSCI ACWI ETF by 842.9% in the third quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock worth $42,294,000 after buying an additional 316,256 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth about $18,093,000. Finally, FMR LLC boosted its position in iShares MSCI ACWI ETF by 98.3% during the third quarter. FMR LLC now owns 281,784 shares of the company’s stock worth $33,687,000 after acquiring an additional 139,701 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.8 %

ACWI stock opened at $122.31 on Tuesday. The firm has a 50-day moving average of $120.13 and a two-hundred day moving average of $118.14. iShares MSCI ACWI ETF has a 12 month low of $102.89 and a 12 month high of $123.58. The company has a market cap of $19.77 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.