Genesis Wealth Advisors LLC Purchases New Stake in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Genesis Wealth Advisors LLC bought a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,644 shares of the company’s stock, valued at approximately $428,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC lifted its stake in shares of iShares MSCI ACWI ETF by 4.2% in the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock worth $1,445,000 after acquiring an additional 485 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI ACWI ETF by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock worth $110,766,000 after purchasing an additional 105,951 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter worth $351,000. Bleakley Financial Group LLC raised its position in iShares MSCI ACWI ETF by 2.7% in the 4th quarter. Bleakley Financial Group LLC now owns 19,302 shares of the company’s stock valued at $2,268,000 after buying an additional 511 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $121,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 1.4 %

NASDAQ ACWI opened at $122.08 on Monday. iShares MSCI ACWI ETF has a 12 month low of $104.29 and a 12 month high of $124.15. The firm has a market capitalization of $19.73 billion, a P/E ratio of 19.74 and a beta of 0.93. The business has a fifty day simple moving average of $120.25 and a 200 day simple moving average of $119.01.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares MSCI ACWI ETF

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.