Janney Montgomery Scott LLC Purchases 485 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Janney Montgomery Scott LLC lifted its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,087 shares of the company’s stock after purchasing an additional 485 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI ACWI ETF were worth $1,445,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Continuum Advisory LLC bought a new position in shares of iShares MSCI ACWI ETF during the 2nd quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI ACWI ETF during the second quarter worth $39,000. IAG Wealth Partners LLC purchased a new position in iShares MSCI ACWI ETF in the second quarter worth $88,000. Lynx Investment Advisory bought a new position in iShares MSCI ACWI ETF in the 2nd quarter valued at $98,000. Finally, Quent Capital LLC increased its position in shares of iShares MSCI ACWI ETF by 19.9% during the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after purchasing an additional 139 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ:ACWI opened at $119.75 on Friday. The company has a market capitalization of $19.42 billion, a P/E ratio of 19.74 and a beta of 0.93. The company’s 50-day moving average is $118.48 and its 200 day moving average is $114.60. iShares MSCI ACWI ETF has a fifty-two week low of $96.11 and a fifty-two week high of $121.86.

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.