Belpointe Asset Management LLC Purchases Shares of 538 iShares MSCI ACWI ETF (NASDAQ:ACWI)

Belpointe Asset Management LLC purchased a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Rating) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 538 shares of the company’s stock, valued at approximately $46,000.

Several other hedge funds also recently added to or reduced their stakes in the business. UBS Group AG boosted its holdings in iShares MSCI ACWI ETF by 10.5% in the fourth quarter. UBS Group AG now owns 7,101,249 shares of the company’s stock valued at $602,754,000 after purchasing an additional 674,155 shares during the last quarter. Prospera Financial Services Inc acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth about $306,000. Retirement Income Solutions Inc raised its position in shares of iShares MSCI ACWI ETF by 44.9% in the fourth quarter. Retirement Income Solutions Inc now owns 33,580 shares of the company’s stock worth $2,850,000 after acquiring an additional 10,405 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of iShares MSCI ACWI ETF by 25.5% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,805 shares of the company’s stock worth $408,000 after acquiring an additional 975 shares during the period. Finally, Weil Company Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth about $1,743,000. 35.51% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of iShares MSCI ACWI ETF stock opened at $91.09 on Thursday. The firm has a 50-day simple moving average of $91.69 and a two-hundred day simple moving average of $90.15. The company has a market cap of $17.31 billion, a P/E ratio of 15.44 and a beta of 0.93. iShares MSCI ACWI ETF has a fifty-two week low of $75.71 and a fifty-two week high of $93.38.

iShares MSCI ACWI ETF Company Profile

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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.