Assetmark Inc. Sells 355,872 Shares of iShares MSCI ACWI ETF $ACWI

Assetmark Inc. lowered its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 45.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 432,461 shares of the company’s stock after selling 355,872 shares during the quarter. Assetmark Inc. owned about 0.24% of iShares MSCI ACWI ETF worth $61,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of ACWI. Qalhat Capital Ltd increased its position in iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after buying an additional 1,137,134 shares during the last quarter. Phoenix Financial Ltd. increased its holdings in shares of iShares MSCI ACWI ETF by 41.7% during the 3rd quarter. Phoenix Financial Ltd. now owns 3,247,975 shares of the company’s stock valued at $449,120,000 after acquiring an additional 955,464 shares during the last quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York raised its stake in shares of iShares MSCI ACWI ETF by 112.8% in the 3rd quarter. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York now owns 734,331 shares of the company’s stock valued at $101,514,000 after acquiring an additional 389,229 shares in the last quarter. Bank of Montreal Can raised its stake in shares of iShares MSCI ACWI ETF by 84.4% in the 3rd quarter. Bank of Montreal Can now owns 727,030 shares of the company’s stock valued at $100,505,000 after acquiring an additional 332,723 shares in the last quarter. Finally, Prudential PLC lifted its holdings in iShares MSCI ACWI ETF by 34.1% in the 3rd quarter. Prudential PLC now owns 1,143,302 shares of the company’s stock worth $158,050,000 after purchasing an additional 290,467 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Up 1.2%

Shares of ACWI stock opened at $148.11 on Wednesday. iShares MSCI ACWI ETF has a 12 month low of $108.55 and a 12 month high of $148.75. The company has a market cap of $30.42 billion, a PE ratio of 20.91 and a beta of 0.92. The business’s 50 day moving average is $143.09 and its two-hundred day moving average is $142.04.

About iShares MSCI ACWI ETF

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.