DRW Securities LLC Invests $4.21 Million in iShares MSCI ACWI ETF (NASDAQ:ACWI)

DRW Securities LLC purchased a new stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 37,521 shares of the company’s stock, valued at approximately $4,206,000.

Several other large investors have also made changes to their positions in ACWI. Continuum Advisory LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the second quarter worth approximately $28,000. Joseph Group Capital Management grew its stake in iShares MSCI ACWI ETF by 324.6% during the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock valued at $30,000 after acquiring an additional 224 shares in the last quarter. Principal Securities Inc. purchased a new position in iShares MSCI ACWI ETF in the 4th quarter worth approximately $31,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares MSCI ACWI ETF during the 2nd quarter worth approximately $39,000. Finally, Vima LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $42,000. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

NASDAQ ACWI opened at $117.76 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $118.57. The firm has a market capitalization of $18.84 billion, a P/E ratio of 19.74 and a beta of 0.93. The stock’s fifty day moving average is $114.09 and its two-hundred day moving average is $111.61.

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.