Northwestern Mutual Wealth Management Co. Acquires 89,963 Shares of iShares MSCI ACWI ETF $ACWI

Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 94.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 184,931 shares of the company’s stock after purchasing an additional 89,963 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.10% of iShares MSCI ACWI ETF worth $26,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mawer Investment Management Ltd. purchased a new stake in iShares MSCI ACWI ETF during the third quarter valued at $5,644,000. Drake & Associates LLC increased its position in iShares MSCI ACWI ETF by 11.5% during the third quarter. Drake & Associates LLC now owns 204,224 shares of the company’s stock valued at $28,706,000 after acquiring an additional 20,997 shares during the last quarter. Assetmark Inc. increased its position in iShares MSCI ACWI ETF by 73.1% during the third quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock valued at $108,979,000 after acquiring an additional 332,908 shares during the last quarter. Capital International Investors increased its position in iShares MSCI ACWI ETF by 9.3% during the third quarter. Capital International Investors now owns 192,008 shares of the company’s stock valued at $26,436,000 after acquiring an additional 16,304 shares during the last quarter. Finally, Algorithmic Investment Models LLC purchased a new stake in iShares MSCI ACWI ETF during the third quarter valued at $569,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $153.15 on Wednesday. The stock has a market cap of $31.67 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a one year low of $121.25 and a one year high of $156.98. The stock has a fifty day moving average of $145.91 and a 200 day moving average of $144.11.

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.