Financial Council LLC Decreases Stake in iShares MSCI ACWI ETF $ACWI

Financial Council LLC decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 35,134 shares of the company’s stock after selling 1,286 shares during the period. iShares MSCI ACWI ETF accounts for 2.2% of Financial Council LLC’s holdings, making the stock its 13th biggest position. Financial Council LLC’s holdings in iShares MSCI ACWI ETF were worth $4,518,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ACWI. NBC Securities Inc. increased its stake in iShares MSCI ACWI ETF by 69,100.0% in the 1st quarter. NBC Securities Inc. now owns 3,460 shares of the company’s stock valued at $402,000 after buying an additional 3,455 shares during the last quarter. Sarasin & Partners LLP purchased a new stake in iShares MSCI ACWI ETF in the 1st quarter valued at about $164,781,000. Merit Financial Group LLC increased its stake in iShares MSCI ACWI ETF by 3.0% in the 1st quarter. Merit Financial Group LLC now owns 7,768 shares of the company’s stock valued at $904,000 after buying an additional 229 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares MSCI ACWI ETF by 41.5% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,048 shares of the company’s stock valued at $355,000 after buying an additional 894 shares during the last quarter. Finally, Atwater Malick LLC increased its stake in iShares MSCI ACWI ETF by 2.5% in the 1st quarter. Atwater Malick LLC now owns 43,117 shares of the company’s stock valued at $5,018,000 after buying an additional 1,068 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $139.50 on Friday. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $140.04. The firm has a 50-day moving average price of $134.31 and a two-hundred day moving average price of $125.89. The firm has a market cap of $23.05 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

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.