Apollon Wealth Management LLC Trims Stake in iShares MSCI ACWI ETF $ACWI

Apollon Wealth Management LLC trimmed its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 45.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,808 shares of the company’s stock after selling 5,734 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $963,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACWI. Quent Capital LLC purchased a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $25,000. Triumph Capital Management acquired a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at $27,000. Westfuller Advisors LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at $40,000. Atlantic Union Bankshares Corp grew its position in iShares MSCI ACWI ETF by 1,025.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 675 shares of the company’s stock valued at $93,000 after acquiring an additional 615 shares in the last quarter. Finally, Sage Mountain Advisors LLC purchased a new stake in iShares MSCI ACWI ETF during the third quarter worth about $111,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $148.11 on Wednesday. The stock has a market capitalization of $30.42 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1 year low of $108.55 and a 1 year high of $148.75. The company’s 50-day simple moving average is $143.09 and its 200-day simple moving average is $142.04.

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.