SteelPeak Wealth LLC Purchases 34,408 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

SteelPeak Wealth LLC boosted its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 431.3% in the 1st quarter, Holdings Channel reports. The firm owned 42,385 shares of the company’s stock after buying an additional 34,408 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $4,668,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cibc World Markets Corp purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth approximately $356,195,000. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of iShares MSCI ACWI ETF by 211.0% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 3,353,748 shares of the company’s stock worth $341,244,000 after acquiring an additional 2,275,450 shares during the period. Morgan Stanley increased its position in shares of iShares MSCI ACWI ETF by 11.2% during the third quarter. Morgan Stanley now owns 11,547,989 shares of the company’s stock worth $1,066,688,000 after acquiring an additional 1,167,144 shares during the period. Wells Fargo & Company MN increased its position in shares of iShares MSCI ACWI ETF by 47.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,626,845 shares of the company’s stock worth $165,564,000 after acquiring an additional 520,359 shares during the period. Finally, ING Groep NV increased its position in shares of iShares MSCI ACWI ETF by 181.3% during the fourth quarter. ING Groep NV now owns 685,900 shares of the company’s stock worth $69,804,000 after acquiring an additional 442,100 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI traded down $0.22 during trading on Friday, reaching $112.40. 3,997,432 shares of the company were exchanged, compared to its average volume of 3,509,956. The firm has a market capitalization of $18.77 billion, a PE ratio of 19.74 and a beta of 0.93. The business’s fifty day simple moving average is $110.65 and its 200-day simple moving average is $106.97. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $113.32.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a dividend of $0.9354 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

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.