Sandbox Financial Partners LLC Raises Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Sandbox Financial Partners LLC lifted its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,121 shares of the company’s stock after buying an additional 4,051 shares during the period. iShares MSCI ACWI ETF comprises about 2.0% of Sandbox Financial Partners LLC’s holdings, making the stock its 15th largest position. Sandbox Financial Partners LLC’s holdings in iShares MSCI ACWI ETF were worth $5,889,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in shares of iShares MSCI ACWI ETF by 4.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock worth $1,445,000 after acquiring an additional 485 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI ACWI ETF by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock worth $110,766,000 after purchasing an additional 105,951 shares during the last quarter. AQR Capital Management LLC bought a new stake in iShares MSCI ACWI ETF in the 2nd quarter worth about $204,000. Sanctuary Advisors LLC purchased a new stake in iShares MSCI ACWI ETF in the 2nd quarter valued at about $797,000. Finally, Oppenheimer & Co. Inc. bought a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $351,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.9 %

Shares of NASDAQ ACWI opened at $119.60 on Friday. The company has a market capitalization of $19.52 billion, a PE ratio of 19.74 and a beta of 0.93. The stock’s 50 day moving average price is $119.84 and its 200-day moving average price is $117.43. iShares MSCI ACWI ETF has a twelve month low of $99.89 and a twelve month high of $123.58.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $1.0662 dividend. The ex-dividend date of this dividend 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.