Burke & Herbert Bank & Trust Co. Grows Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Burke & Herbert Bank & Trust Co. boosted its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,557 shares of the company’s stock after purchasing an additional 430 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in iShares MSCI ACWI ETF were worth $425,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Continuum Advisory LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the second quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares MSCI ACWI ETF in the second quarter valued at $39,000. Quent Capital LLC grew its stake in shares of iShares MSCI ACWI ETF by 2,148.4% during the 1st quarter. Quent Capital LLC now owns 697 shares of the company’s stock worth $77,000 after purchasing an additional 666 shares during the period. IAG Wealth Partners LLC purchased a new position in shares of iShares MSCI ACWI ETF in the 2nd quarter valued at about $88,000. Finally, Lynx Investment Advisory purchased a new stake in iShares MSCI ACWI ETF during the second quarter worth about $98,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock traded up $0.80 during midday trading on Friday, reaching $119.83. 165,445 shares of the company traded hands, compared to its average volume of 3,056,096. The firm’s 50 day simple moving average is $117.49 and its two-hundred day simple moving average is $113.32. The firm has a market cap of $19.44 billion, a PE ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 1-year low of $88.33 and a 1-year high of $120.93.

iShares MSCI ACWI ETF Company 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.