Lee Financial Co Makes New Investment in iShares MSCI ACWI ETF $ACWI

Lee Financial Co purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,220 shares of the company’s stock, valued at approximately $6,544,000. iShares MSCI ACWI ETF makes up 0.8% of Lee Financial Co’s holdings, making the stock its 18th largest holding.

Several other institutional investors also recently modified their holdings of the stock. Columbus Macro LLC lifted its stake in shares of iShares MSCI ACWI ETF by 0.9% in the 3rd quarter. Columbus Macro LLC now owns 7,089 shares of the company’s stock valued at $1,126,000 after acquiring an additional 63 shares during the last quarter. Patten Group Inc. boosted its holdings in shares of iShares MSCI ACWI ETF by 0.9% during the 1st quarter. Patten Group Inc. now owns 7,948 shares of the company’s stock valued at $1,100,000 after acquiring an additional 74 shares in the last quarter. Koshinski Asset Management Inc. grew its position in iShares MSCI ACWI ETF by 2.4% during the 1st quarter. Koshinski Asset Management Inc. now owns 4,692 shares of the company’s stock worth $649,000 after acquiring an additional 111 shares during the last quarter. Cidel Asset Management Inc. grew its position in iShares MSCI ACWI ETF by 4.2% during the 2nd quarter. Cidel Asset Management Inc. now owns 2,861 shares of the company’s stock worth $449,000 after acquiring an additional 116 shares during the last quarter. Finally, Sheets Smith Wealth Management grew its position in iShares MSCI ACWI ETF by 1.6% during the 1st quarter. Sheets Smith Wealth Management now owns 7,578 shares of the company’s stock worth $1,049,000 after acquiring an additional 122 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Down 0.9%

Shares of ACWI opened at $157.74 on Friday. iShares MSCI ACWI ETF has a 12-month low of $133.65 and a 12-month high of $162.80. The business has a 50-day simple moving average of $160.40 and a two-hundred day simple moving average of $155.94. The stock has a market cap of $32.62 billion, a PE ratio of 20.91 and a beta of 0.93.

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.