HighTower Advisors LLC Cuts Holdings in iShares MSCI ACWI ETF $ACWI

HighTower Advisors LLC cut its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 6.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 432,964 shares of the company’s stock after selling 30,253 shares during the quarter. HighTower Advisors LLC owned approximately 0.23% of iShares MSCI ACWI ETF worth $61,260,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Naples Global Advisors LLC boosted its holdings in iShares MSCI ACWI ETF by 1.9% during the fourth quarter. Naples Global Advisors LLC now owns 4,125 shares of the company’s stock worth $584,000 after purchasing an additional 75 shares during the last quarter. NavPoint Financial Inc. boosted its stake in iShares MSCI ACWI ETF by 0.9% in the fourth quarter. NavPoint Financial Inc. now owns 8,793 shares of the company’s stock valued at $1,244,000 after acquiring an additional 76 shares during the last quarter. Koshinski Asset Management Inc. boosted its stake in iShares MSCI ACWI ETF by 3.7% in the third quarter. Koshinski Asset Management Inc. now owns 2,260 shares of the company’s stock valued at $312,000 after acquiring an additional 80 shares during the last quarter. Americana Partners LLC boosted its stake in iShares MSCI ACWI ETF by 2.1% in the third quarter. Americana Partners LLC now owns 4,264 shares of the company’s stock valued at $589,000 after acquiring an additional 88 shares during the last quarter. Finally, Cherrydale Wealth Management LLC boosted its stake in iShares MSCI ACWI ETF by 0.9% in the fourth quarter. Cherrydale Wealth Management LLC now owns 10,649 shares of the company’s stock valued at $1,507,000 after acquiring an additional 94 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 1.3%

ACWI opened at $155.10 on Thursday. The stock has a market cap of $32.07 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a twelve month low of $121.25 and a twelve month high of $156.98. The company’s 50-day moving average price is $146.15 and its two-hundred day moving average price is $144.21.

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.