Quantinno Capital Management LP Acquires 2,030 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Quantinno Capital Management LP raised its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 34.3% in the third quarter, Holdings Channel reports. The fund owned 7,948 shares of the company’s stock after purchasing an additional 2,030 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares MSCI ACWI ETF were worth $950,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ACWI. Raymond James & Associates boosted its holdings in shares of iShares MSCI ACWI ETF by 12.8% during the 2nd quarter. Raymond James & Associates now owns 166,940 shares of the company’s stock valued at $18,764,000 after acquiring an additional 18,971 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the second quarter valued at about $22,480,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares MSCI ACWI ETF by 12.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 165,518 shares of the company’s stock worth $18,604,000 after purchasing an additional 17,937 shares during the last quarter. Continuum Advisory LLC acquired a new position in shares of iShares MSCI ACWI ETF in the second quarter valued at approximately $28,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in iShares MSCI ACWI ETF by 38.5% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 40,254 shares of the company’s stock valued at $4,510,000 after buying an additional 11,200 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $122.06 on Friday. iShares MSCI ACWI ETF has a one year low of $99.26 and a one year high of $123.58. The firm’s 50 day simple moving average is $120.28 and its 200 day simple moving average is $116.21. The company has a market cap of $19.80 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.