Bank of New York Mellon Corp cut its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 7.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 348,658 shares of the company’s stock after selling 28,743 shares during the quarter. Bank of New York Mellon Corp owned 0.20% of iShares MSCI ACWI ETF worth $40,580,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in ACWI. Accredited Wealth Management LLC acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth $25,000. Rossby Financial LCC acquired a new position in shares of iShares MSCI ACWI ETF during the first quarter valued at $39,000. McIlrath & Eck LLC lifted its stake in shares of iShares MSCI ACWI ETF by 61.3% during the fourth quarter. McIlrath & Eck LLC now owns 408 shares of the company’s stock valued at $48,000 after acquiring an additional 155 shares during the period. 10Elms LLP acquired a new stake in iShares MSCI ACWI ETF in the fourth quarter worth about $61,000. Finally, DORVAL Corp acquired a new stake in iShares MSCI ACWI ETF in the first quarter worth about $203,000. 61.52% of the stock is owned by institutional investors and hedge funds.
iShares MSCI ACWI ETF Stock Performance
Shares of NASDAQ ACWI opened at $129.38 on Tuesday. The stock has a market capitalization of $22.38 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $130.01. The stock has a 50 day moving average price of $125.15 and a 200 day moving average price of $120.31.
iShares MSCI ACWI ETF Cuts Dividend
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.
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