iShares MSCI ACWI ETF $ACWI Shares Sold by Causeway Capital Management LLC

Causeway Capital Management LLC lessened its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 49.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,604 shares of the company’s stock after selling 11,444 shares during the quarter. Causeway Capital Management LLC’s holdings in iShares MSCI ACWI ETF were worth $1,351,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ACWI. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York acquired a new stake in shares of iShares MSCI ACWI ETF in the first quarter valued at approximately $179,665,000. Sarasin & Partners LLP acquired a new stake in shares of iShares MSCI ACWI ETF in the first quarter valued at approximately $164,781,000. Qalhat Capital Ltd increased its holdings in shares of iShares MSCI ACWI ETF by 171.9% in the fourth quarter. Qalhat Capital Ltd now owns 1,783,702 shares of the company’s stock valued at $209,585,000 after purchasing an additional 1,127,675 shares during the last quarter. Jennison Associates LLC increased its stake in iShares MSCI ACWI ETF by 494.0% during the first quarter. Jennison Associates LLC now owns 790,200 shares of the company’s stock worth $91,971,000 after acquiring an additional 657,162 shares during the last quarter. Finally, Bank of Nova Scotia increased its stake in iShares MSCI ACWI ETF by 106.0% during the first quarter. Bank of Nova Scotia now owns 833,168 shares of the company’s stock worth $96,972,000 after acquiring an additional 428,735 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.6%

ACWI stock opened at $133.35 on Tuesday. The business has a fifty day moving average of $129.87 and a two-hundred day moving average of $122.78. The stock has a market cap of $22.62 billion, a price-to-earnings 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 $134.38.

iShares MSCI ACWI ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were paid a dividend of $0.9612 per share. The ex-dividend date of this dividend was Monday, June 16th.

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.