Millennium Management LLC Sells 18,186 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Millennium Management LLC trimmed its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 80.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,346 shares of the company’s stock after selling 18,186 shares during the period. Millennium Management LLC’s holdings in iShares MSCI ACWI ETF were worth $511,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Accredited Wealth Management LLC bought a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $25,000. Synergy Investment Management LLC acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth approximately $35,000. Centerpoint Advisors LLC acquired a new position in iShares MSCI ACWI ETF in the 4th quarter valued at approximately $54,000. Rialto Wealth Management LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $59,000. Finally, Larson Financial Group LLC boosted its stake in shares of iShares MSCI ACWI ETF by 96,000.0% in the 4th quarter. Larson Financial Group LLC now owns 961 shares of the company’s stock valued at $113,000 after purchasing an additional 960 shares during the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.8%

NASDAQ:ACWI opened at $125.76 on Monday. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 21.59 and a beta of 0.93. The firm has a fifty day simple moving average of $117.52 and a two-hundred day simple moving average of $119.16. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $126.00.

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.