iShares MSCI ACWI ETF (NASDAQ:ACWI) is Arlington Capital Management Inc.’s Largest Position

Arlington Capital Management Inc. grew its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 491.8% during the fourth quarter, Holdings Channel reports. The firm owned 265,658 shares of the company’s stock after acquiring an additional 220,771 shares during the quarter. iShares MSCI ACWI ETF makes up approximately 21.6% of Arlington Capital Management Inc.’s portfolio, making the stock its biggest holding. Arlington Capital Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $31,215,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ACWI. Synergy Investment Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $35,000. Pacifica Partners Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth $40,000. Centerpoint Advisors LLC acquired a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth $54,000. Rialto Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth $59,000. Finally, Avior Wealth Management LLC raised its stake in shares of iShares MSCI ACWI ETF by 405.0% in the fourth quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after acquiring an additional 482 shares in the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

ACWI opened at $119.77 on Wednesday. The stock has a market capitalization of $19.35 billion, a price-to-earnings ratio of 21.22 and a beta of 0.93. The business has a fifty day moving average price of $120.43 and a 200 day moving average price of $119.67. iShares MSCI ACWI ETF has a 12 month low of $104.29 and a 12 month high of $124.15.

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.