Magnus Financial Group LLC Has $507,000 Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Magnus Financial Group LLC lessened its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 20.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,313 shares of the company’s stock after selling 1,105 shares during the period. Magnus Financial Group LLC’s holdings in iShares MSCI ACWI ETF were worth $507,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 4.2% during the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock worth $1,445,000 after buying an additional 485 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares MSCI ACWI ETF by 12.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after purchasing an additional 105,951 shares during the last quarter. AQR Capital Management LLC acquired a new position in iShares MSCI ACWI ETF during the 2nd quarter valued at $204,000. Sanctuary Advisors LLC bought a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at $797,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in iShares MSCI ACWI ETF in the 3rd quarter worth $351,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $121.40 on Thursday. The company has a 50-day simple moving average of $119.82 and a 200-day simple moving average of $117.54. iShares MSCI ACWI ETF has a 52 week low of $101.59 and a 52 week high of $123.58. The firm has a market capitalization of $19.81 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI ACWI ETF

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.