Sava Infond d.o.o. Invests $3.93 Million in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Sava Infond d.o.o. bought a new stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the 4th quarter, Holdings Channel.com reports. The firm bought 33,450 shares of the company’s stock, valued at approximately $3,930,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares MSCI ACWI ETF by 33.5% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock worth $281,744,000 after acquiring an additional 601,720 shares during the last quarter. P E Global LLC raised its holdings in iShares MSCI ACWI ETF by 5.4% in the 4th quarter. P E Global LLC now owns 2,229,221 shares of the company’s stock worth $261,933,000 after purchasing an additional 114,345 shares during the period. Allianz Asset Management GmbH lifted its position in iShares MSCI ACWI ETF by 12.5% during the fourth quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock valued at $203,130,000 after purchasing an additional 192,070 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares MSCI ACWI ETF by 7.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,384,804 shares of the company’s stock valued at $162,715,000 after purchasing an additional 94,541 shares during the period. Finally, Granger Management LLC grew its holdings in iShares MSCI ACWI ETF by 252.2% during the fourth quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after purchasing an additional 959,000 shares during the period. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 1.1 %

NASDAQ ACWI opened at $118.45 on Thursday. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15. The company has a market capitalization of $19.14 billion, a P/E ratio of 21.22 and a beta of 0.93. The stock’s 50-day moving average price is $120.43 and its 200-day moving average price is $119.66.

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.