Oppenheimer & Co. Inc. Takes Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Oppenheimer & Co. Inc. acquired a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 2,934 shares of the company’s stock, valued at approximately $351,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ACWI. Price T Rowe Associates Inc. MD bought a new stake in iShares MSCI ACWI ETF during the first quarter worth $1,641,000. Zurich Insurance Group Ltd FI grew its holdings in iShares MSCI ACWI ETF by 1,467.6% during the first quarter. Zurich Insurance Group Ltd FI now owns 50,304 shares of the company’s stock worth $5,506,000 after purchasing an additional 47,095 shares during the period. Waverly Advisors LLC increased its position in iShares MSCI ACWI ETF by 60.3% during the first quarter. Waverly Advisors LLC now owns 76,768 shares of the company’s stock worth $8,454,000 after buying an additional 28,870 shares during the last quarter. Jane Street Group LLC raised its stake in iShares MSCI ACWI ETF by 804.0% in the first quarter. Jane Street Group LLC now owns 8,834,809 shares of the company’s stock valued at $972,978,000 after buying an additional 7,857,479 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of iShares MSCI ACWI ETF by 102.5% in the first quarter. Cetera Investment Advisers now owns 69,450 shares of the company’s stock valued at $7,649,000 after buying an additional 35,157 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $120.01 on Friday. The company has a market cap of $19.47 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm’s fifty day moving average price is $119.05 and its two-hundred day moving average price is $115.03. iShares MSCI ACWI ETF has a one year low of $97.32 and a one year high of $121.86.

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.