SteelPeak Wealth LLC Takes $5.80 Million Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

SteelPeak Wealth LLC bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 48,523 shares of the company’s stock, valued at approximately $5,801,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Continuum Advisory LLC bought a new stake in shares of iShares MSCI ACWI ETF during the second quarter valued at approximately $28,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 2nd quarter worth approximately $39,000. Quent Capital LLC grew its holdings in shares of 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 in the last quarter. IAG Wealth Partners LLC bought a new stake in iShares MSCI ACWI ETF during the second quarter worth $88,000. Finally, Lynx Investment Advisory purchased a new position in iShares MSCI ACWI ETF in the second quarter worth $98,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of iShares MSCI ACWI ETF stock traded up $0.09 during trading hours on Wednesday, hitting $119.46. 374,926 shares of the company’s stock traded hands, compared to its average volume of 3,042,411. The stock has a market capitalization of $19.38 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $89.30 and a 12-month high of $120.93. The company has a fifty day simple moving average of $117.72 and a 200-day simple moving average of $113.61.

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.