SouthState Corp Makes New $30,000 Investment in iShares MSCI ACWI ETF (NASDAQ:ACWI)

SouthState Corp purchased a new position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 291 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of ACWI. Morgan Stanley increased its stake in shares of iShares MSCI ACWI ETF by 11.2% during the third quarter. Morgan Stanley now owns 11,547,989 shares of the company’s stock worth $1,066,688,000 after buying an additional 1,167,144 shares during the period. MKP Capital Management L.L.C. increased its stake in shares of iShares MSCI ACWI ETF by 43.5% during the third quarter. MKP Capital Management L.L.C. now owns 7,462,975 shares of the company’s stock worth $689,355,000 after buying an additional 2,262,975 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in iShares MSCI ACWI ETF by 211.0% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 3,353,748 shares of the company’s stock valued at $341,244,000 after purchasing an additional 2,275,450 shares in the last quarter. Prudential PLC boosted its holdings in iShares MSCI ACWI ETF by 5.1% in the third quarter. Prudential PLC now owns 1,510,800 shares of the company’s stock valued at $139,553,000 after purchasing an additional 73,808 shares in the last quarter. Finally, Factory Mutual Insurance Co. boosted its holdings in iShares MSCI ACWI ETF by 135.5% in the third quarter. Factory Mutual Insurance Co. now owns 1,413,200 shares of the company’s stock valued at $130,537,000 after purchasing an additional 813,200 shares in the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 1.1 %

Shares of ACWI opened at $108.43 on Friday. The stock has a 50 day moving average price of $107.90 and a 200 day moving average price of $102.27. The company has a market capitalization of $18.11 billion, a price-to-earnings ratio of 19.12 and a beta of 0.93. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $110.45.

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.