Lowe Brockenbrough & Co. Inc. Has $9.81 Million Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Lowe Brockenbrough & Co. Inc. increased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 583.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,020 shares of the company’s stock after purchasing an additional 70,015 shares during the quarter. Lowe Brockenbrough & Co. Inc. owned approximately 0.05% of iShares MSCI ACWI ETF worth $9,805,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ACWI. Concourse Financial Group Securities Inc. boosted its stake in shares of iShares MSCI ACWI ETF by 19.8% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 3,862 shares of the company’s stock valued at $425,000 after purchasing an additional 638 shares during the last quarter. Palisade Asset Management LLC acquired a new position in iShares MSCI ACWI ETF in the first quarter valued at approximately $193,000. Quent Capital LLC boosted its stake in iShares MSCI ACWI ETF by 2,148.4% in the first quarter. Quent Capital LLC now owns 697 shares of the company’s stock valued at $77,000 after acquiring an additional 666 shares during the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new stake in iShares MSCI ACWI ETF during the 1st quarter worth $218,000. Finally, Signaturefd LLC raised its position in shares of iShares MSCI ACWI ETF by 0.8% during the 1st quarter. Signaturefd LLC now owns 27,222 shares of the company’s stock valued at $2,998,000 after acquiring an additional 223 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.4 %

ACWI stock opened at $117.50 on Friday. iShares MSCI ACWI ETF has a twelve month low of $91.98 and a twelve month high of $120.93. The business’s fifty day moving average is $117.82 and its 200-day moving average is $113.75. The company has a market cap of $19.06 billion, a P/E ratio of 19.74 and a beta of 0.93.

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.