OVERSEA CHINESE BANKING Corp Ltd Buys 601,720 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

OVERSEA CHINESE BANKING Corp Ltd grew its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 33.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,398,359 shares of the company’s stock after buying an additional 601,720 shares during the period. iShares MSCI ACWI ETF accounts for about 7.9% of OVERSEA CHINESE BANKING Corp Ltd’s holdings, making the stock its biggest holding. OVERSEA CHINESE BANKING Corp Ltd owned 1.48% of iShares MSCI ACWI ETF worth $281,744,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new position in iShares MSCI ACWI ETF during the 3rd quarter worth approximately $351,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $67,000. Common Fund For Nonprofit Organizations raised its position in shares of iShares MSCI ACWI ETF by 3,307.0% in the 3rd quarter. Common Fund For Nonprofit Organizations now owns 142,071 shares of the company’s stock worth $16,985,000 after acquiring an additional 137,901 shares in the last quarter. BIP Wealth LLC lifted its stake in shares of iShares MSCI ACWI ETF by 4.1% in the 3rd quarter. BIP Wealth LLC now owns 72,184 shares of the company’s stock valued at $8,630,000 after purchasing an additional 2,836 shares during the period. Finally, Jennison Associates LLC boosted its position in shares of iShares MSCI ACWI ETF by 2.0% during the 3rd quarter. Jennison Associates LLC now owns 56,798 shares of the company’s stock valued at $6,790,000 after purchasing an additional 1,106 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $117.77 on Wednesday. The stock has a market capitalization of $18.91 billion, a price-to-earnings ratio of 21.22 and a beta of 0.94. iShares MSCI ACWI ETF has a 52-week low of $104.29 and a 52-week high of $124.15. The stock’s 50 day moving average price is $120.26 and its two-hundred day moving average price is $119.51.

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.