Bank of New York Mellon Corp Lowers Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Bank of New York Mellon Corp decreased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Rating) by 6.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 575,512 shares of the company’s stock after selling 41,853 shares during the period. Bank of New York Mellon Corp owned approximately 0.31% of iShares MSCI ACWI ETF worth $44,791,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Cantor Fitzgerald L. P. purchased a new position in shares of iShares MSCI ACWI ETF in the third quarter worth about $1,594,000. Commonwealth Equity Services LLC increased its holdings in shares of iShares MSCI ACWI ETF by 6.4% in the third quarter. Commonwealth Equity Services LLC now owns 48,592 shares of the company’s stock worth $3,781,000 after buying an additional 2,931 shares during the period. Ameritas Advisory Services LLC increased its holdings in shares of iShares MSCI ACWI ETF by 6.3% in the third quarter. Ameritas Advisory Services LLC now owns 18,027 shares of the company’s stock worth $1,403,000 after buying an additional 1,061 shares during the period. Mycio Wealth Partners LLC purchased a new position in shares of iShares MSCI ACWI ETF in the third quarter worth about $747,000. Finally, Virtus Family Office LLC purchased a new position in shares of iShares MSCI ACWI ETF in the third quarter worth about $318,000. Hedge funds and other institutional investors own 35.51% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 1.3 %

ACWI opened at $86.36 on Friday. The company has a market cap of $18.53 billion, a P/E ratio of 15.44 and a beta of 0.93. The business’s 50-day moving average price is $90.07 and its 200-day moving average price is $88.40. iShares MSCI ACWI ETF has a 12 month low of $75.71 and a 12 month high of $102.03.

iShares MSCI ACWI ETF Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, December 19th. Investors of record on Wednesday, December 14th were paid a $0.676 dividend. The ex-dividend date was Tuesday, December 13th.

About iShares MSCI ACWI ETF

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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.