Wescott Financial Advisory Group LLC Increases Stake in iShares MSCI ACWI ETF $ACWI

Wescott Financial Advisory Group LLC lifted its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 9.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 46,447 shares of the company’s stock after acquiring an additional 3,854 shares during the period. iShares MSCI ACWI ETF comprises about 0.6% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 29th biggest position. Wescott Financial Advisory Group LLC’s holdings in iShares MSCI ACWI ETF were worth $6,572,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. SmartHarvest Portfolios LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $378,000. Mill Capital Management LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $212,000. Empowered Funds LLC raised its position in shares of iShares MSCI ACWI ETF by 3.1% in the 4th quarter. Empowered Funds LLC now owns 35,570 shares of the company’s stock valued at $5,033,000 after purchasing an additional 1,074 shares during the last quarter. Signet Private Wealth LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $837,000. Finally, Metis Global Partners LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $2,895,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 2.4%

Shares of iShares MSCI ACWI ETF stock opened at $155.83 on Friday. The firm has a market capitalization of $32.23 billion, a P/E ratio of 20.91 and a beta of 0.92. The company has a 50 day moving average price of $151.82 and a 200 day moving average price of $146.14. iShares MSCI ACWI ETF has a 52 week low of $123.20 and a 52 week high of $160.03.

iShares MSCI ACWI ETF 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.