First Citizens Bank & Trust Co. Has $1.26 Million Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

First Citizens Bank & Trust Co. raised its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 10,527 shares of the company’s stock after purchasing an additional 392 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares MSCI ACWI ETF were worth $1,259,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in iShares MSCI ACWI ETF by 4.8% during the third quarter. Blue Trust Inc. now owns 398,772 shares of the company’s stock valued at $44,822,000 after purchasing an additional 18,371 shares during the last quarter. LexAurum Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 3.9% in the third quarter. LexAurum Advisors LLC now owns 47,847 shares of the company’s stock worth $5,720,000 after acquiring an additional 1,809 shares during the last quarter. Drake & Associates LLC boosted its holdings in iShares MSCI ACWI ETF by 3.3% in the 3rd quarter. Drake & Associates LLC now owns 162,687 shares of the company’s stock valued at $19,449,000 after purchasing an additional 5,202 shares during the period. PFG Advisors lifted its stake in shares of iShares MSCI ACWI ETF by 5.8% in the third quarter. PFG Advisors now owns 92,002 shares of the company’s stock valued at $10,999,000 after buying an additional 5,012 shares during the period. Finally, RDA Financial Network lifted its position in shares of iShares MSCI ACWI ETF by 18.8% in the 3rd quarter. RDA Financial Network now owns 26,437 shares of the company’s stock worth $3,161,000 after acquiring an additional 4,180 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of iShares MSCI ACWI ETF stock opened at $120.65 on Friday. The company’s fifty day moving average price is $116.94 and its two-hundred day moving average price is $113.06. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $120.93. The firm has a market capitalization of $19.57 billion, a PE ratio of 19.74 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.