Bessemer Group Inc. Sells 203,429 Shares of iShares MSCI ACWI ETF $ACWI

Bessemer Group Inc. trimmed its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 28.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 514,494 shares of the company’s stock after selling 203,429 shares during the period. Bessemer Group Inc.’s holdings in iShares MSCI ACWI ETF were worth $71,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACWI. Triumph Capital Management bought a new stake in iShares MSCI ACWI ETF in the third quarter worth $27,000. Godfrey Financial Associates Inc. bought a new position in iShares MSCI ACWI ETF during the fourth quarter valued at $27,000. Smith & Howard Wealth Management LLC bought a new position in iShares MSCI ACWI ETF during the fourth quarter valued at $31,000. Root Financial Partners LLC grew its stake in shares of iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after buying an additional 213 shares in the last quarter. Finally, Karpus Management Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth $37,000. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Stock Down 0.9%

iShares MSCI ACWI ETF stock opened at $155.00 on Friday. The company’s 50-day moving average price is $156.27 and its 200-day moving average price is $148.84. iShares MSCI ACWI ETF has a twelve month low of $127.77 and a twelve month high of $160.03. The company has a market cap of $32.80 billion, a PE ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date was Monday, June 15th.

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.