Commonwealth Equity Services LLC Has $4.85 Million Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Commonwealth Equity Services LLC increased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,230 shares of the company’s stock after purchasing an additional 1,682 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI ACWI ETF were worth $4,845,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in iShares MSCI ACWI ETF by 12.9% in the third 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 during the period. Oppenheimer & Co. Inc. boosted its holdings in iShares MSCI ACWI ETF by 53.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 4,511 shares of the company’s stock worth $530,000 after buying an additional 1,577 shares during the last quarter. Rhumbline Advisers boosted its holdings in iShares MSCI ACWI ETF by 26.4% during the fourth quarter. Rhumbline Advisers now owns 11,224 shares of the company’s stock worth $1,319,000 after buying an additional 2,346 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares MSCI ACWI ETF by 72.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,342 shares of the company’s stock worth $275,000 after buying an additional 984 shares during the last quarter. Finally, BBR Partners LLC bought a new position in iShares MSCI ACWI ETF during the fourth quarter worth about $2,838,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Down 0.2 %

Shares of ACWI opened at $117.98 on Friday. iShares MSCI ACWI ETF has a 1 year low of $104.29 and a 1 year high of $124.15. The stock has a market cap of $19.07 billion, a P/E ratio of 21.22 and a beta of 0.93. The stock’s 50-day moving average price is $120.31 and its two-hundred day moving average price is $119.54.

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.