MidAtlantic Capital Management Inc. Invests $67,000 in iShares MSCI ACWI ETF (NASDAQ:ACWI)

MidAtlantic Capital Management Inc. bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 562 shares of the company’s stock, valued at approximately $67,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the 2nd quarter worth $28,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares MSCI ACWI ETF during the 2nd quarter worth approximately $39,000. IAG Wealth Partners LLC purchased a new position in iShares MSCI ACWI ETF in the second quarter valued at approximately $88,000. Lynx Investment Advisory acquired a new position in iShares MSCI ACWI ETF during the second quarter valued at approximately $98,000. Finally, Quent Capital LLC grew its stake in iShares MSCI ACWI ETF by 19.9% during the third quarter. Quent Capital LLC now owns 836 shares of the company’s stock worth $100,000 after buying an additional 139 shares during the period. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.5 %

iShares MSCI ACWI ETF stock opened at $119.23 on Tuesday. The firm has a market capitalization of $19.34 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm has a fifty day moving average of $118.72 and a 200-day moving average of $114.83. iShares MSCI ACWI ETF has a 52-week low of $96.89 and a 52-week high of $121.86.

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.