Polen Capital Management LLC Buys 226,679 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Polen Capital Management LLC grew its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 248.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 317,801 shares of the company’s stock after purchasing an additional 226,679 shares during the quarter. Polen Capital Management LLC owned about 0.20% of iShares MSCI ACWI ETF worth $37,342,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in 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 iShares MSCI ACWI ETF in the 3rd quarter worth $351,000. Rhumbline Advisers increased its stake in shares of iShares MSCI ACWI ETF by 26.4% in the 4th quarter. Rhumbline Advisers now owns 11,224 shares of the company’s stock worth $1,319,000 after acquiring an additional 2,346 shares in the last quarter. BBR Partners LLC bought a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $2,838,000. Finally, Jones Financial Companies Lllp increased its stake in shares of iShares MSCI ACWI ETF by 72.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,342 shares of the company’s stock worth $275,000 after acquiring an additional 984 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of iShares MSCI ACWI ETF stock opened at $117.45 on Monday. The company has a 50-day moving average of $120.28 and a 200 day moving average of $119.49. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of 22.13 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $104.29 and a 1 year high of $124.15.

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.