Element Wealth LLC Cuts Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Element Wealth LLC reduced its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 17.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 512 shares of the company’s stock after selling 110 shares during the quarter. Element Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $52,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of iShares MSCI ACWI ETF by 211.0% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 3,353,748 shares of the company’s stock valued at $341,244,000 after purchasing an additional 2,275,450 shares during the last quarter. MKP Capital Management L.L.C. grew its holdings in iShares MSCI ACWI ETF by 43.5% during the 3rd quarter. MKP Capital Management L.L.C. now owns 7,462,975 shares of the company’s stock valued at $689,355,000 after purchasing an additional 2,262,975 shares in the last quarter. Morgan Stanley increased its position in shares of iShares MSCI ACWI ETF by 11.2% in the 3rd quarter. Morgan Stanley now owns 11,547,989 shares of the company’s stock worth $1,066,688,000 after purchasing an additional 1,167,144 shares during the last quarter. Factory Mutual Insurance Co. increased its position in shares of iShares MSCI ACWI ETF by 135.5% in the 3rd quarter. Factory Mutual Insurance Co. now owns 1,413,200 shares of the company’s stock worth $130,537,000 after purchasing an additional 813,200 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares MSCI ACWI ETF by 300.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 573,724 shares of the company’s stock valued at $52,995,000 after buying an additional 430,465 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI traded up $1.18 during trading on Tuesday, reaching $106.78. 2,752,399 shares of the company’s stock traded hands, compared to its average volume of 4,006,051. iShares MSCI ACWI ETF has a 12 month low of $88.33 and a 12 month high of $110.45. The company has a 50 day moving average of $107.59 and a 200-day moving average of $101.46. The stock has a market capitalization of $18.43 billion, a P/E ratio of 19.12 and a beta of 0.93.

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.