Brighton Jones LLC Has $2.43 Million Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Brighton Jones LLC raised its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,584 shares of the company’s stock after buying an additional 318 shares during the quarter. Brighton Jones LLC’s holdings in iShares MSCI ACWI ETF were worth $2,426,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Continuum Advisory LLC bought a new stake in shares of iShares MSCI ACWI ETF during the second quarter valued at approximately $28,000. Joseph Group Capital Management increased its position in shares of iShares MSCI ACWI ETF by 324.6% during the fourth quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock valued at $30,000 after purchasing an additional 224 shares during the period. Principal Securities Inc. bought a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $31,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI ACWI ETF during the second quarter valued at approximately $39,000. Finally, Vima LLC bought a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $117.76 on Friday. The stock’s fifty day simple moving average is $114.09 and its 200 day simple moving average is $111.58. The firm has a market cap of $18.84 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $88.33 and a one year high of $118.57.

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.