Mesirow Financial Investment Management Inc. Purchases 286 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Mesirow Financial Investment Management Inc. raised its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 15,144 shares of the company’s stock after purchasing an additional 286 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $1,702,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gryphon Financial Partners LLC grew its position in iShares MSCI ACWI ETF by 13.5% during the fourth quarter. Gryphon Financial Partners LLC now owns 119,706 shares of the company’s stock valued at $12,043,000 after buying an additional 14,208 shares during the period. Principal Securities Inc. bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter valued at approximately $31,000. Janney Montgomery Scott LLC increased its stake in shares of iShares MSCI ACWI ETF by 108.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 46,825 shares of the company’s stock worth $4,765,000 after purchasing an additional 24,399 shares during the last quarter. Thoroughbred Financial Services LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $348,000. Finally, Wells Fargo & Company MN lifted its stake in iShares MSCI ACWI ETF by 47.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,626,845 shares of the company’s stock valued at $165,564,000 after purchasing an additional 520,359 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $116.61 on Tuesday. The company has a market capitalization of $18.66 billion, a P/E ratio of 19.74 and a beta of 0.93. The business has a fifty day simple moving average of $113.96 and a two-hundred day simple moving average of $111.36. iShares MSCI ACWI ETF has a 1 year low of $88.33 and a 1 year high of $117.13.

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.