USAdvisors Wealth Management LLC Reduces Holdings in iShares MSCI ACWI ETF $ACWI

USAdvisors Wealth Management LLC trimmed its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,828 shares of the company’s stock after selling 426 shares during the period. iShares MSCI ACWI ETF makes up 1.7% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 20th largest holding. USAdvisors Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $4,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of ACWI. Allianz Asset Management GmbH grew its position in iShares MSCI ACWI ETF by 1.8% during the 1st quarter. Allianz Asset Management GmbH now owns 1,760,090 shares of the company’s stock worth $204,857,000 after purchasing an additional 31,320 shares during the last quarter. EP Wealth Advisors LLC grew its position in iShares MSCI ACWI ETF by 22.0% during the 1st quarter. EP Wealth Advisors LLC now owns 37,442 shares of the company’s stock worth $4,358,000 after purchasing an additional 6,752 shares during the last quarter. Farther Finance Advisors LLC grew its position in iShares MSCI ACWI ETF by 14.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,804 shares of the company’s stock worth $361,000 after purchasing an additional 347 shares during the last quarter. Victory Capital Management Inc. grew its position in iShares MSCI ACWI ETF by 90.3% during the 1st quarter. Victory Capital Management Inc. now owns 80,414 shares of the company’s stock worth $9,359,000 after purchasing an additional 38,148 shares during the last quarter. Finally, Johnson Investment Counsel Inc. purchased a new position in iShares MSCI ACWI ETF during the 1st quarter worth $209,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of iShares MSCI ACWI ETF stock opened at $139.50 on Friday. iShares MSCI ACWI ETF has a 1 year low of $101.25 and a 1 year high of $140.04. The company has a market capitalization of $23.05 billion, a P/E ratio of 20.91 and a beta of 0.93. The company’s fifty day moving average is $134.31 and its two-hundred day moving average is $125.94.

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.