Klaas Financial Asset Advisors LLC Trims Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Klaas Financial Asset Advisors LLC cut its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,080 shares of the company’s stock after selling 492 shares during the period. iShares MSCI ACWI ETF comprises 0.5% of Klaas Financial Asset Advisors LLC’s portfolio, making the stock its 24th largest holding. Klaas Financial Asset Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $2,759,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bogart Wealth LLC boosted its position in shares of iShares MSCI ACWI ETF by 0.6% during the third quarter. Bogart Wealth LLC now owns 698,095 shares of the company’s stock worth $83,457,000 after acquiring an additional 4,507 shares during the last quarter. Greystone Financial Group LLC boosted its position in shares of iShares MSCI ACWI ETF by 7.4% during the third quarter. Greystone Financial Group LLC now owns 14,409 shares of the company’s stock worth $1,723,000 after acquiring an additional 995 shares during the last quarter. Brighton Jones LLC boosted its position in shares of iShares MSCI ACWI ETF by 3.9% during the third quarter. Brighton Jones LLC now owns 22,436 shares of the company’s stock worth $2,682,000 after acquiring an additional 852 shares during the last quarter. Plan Group Financial LLC boosted its position in shares of iShares MSCI ACWI ETF by 3.4% during the third quarter. Plan Group Financial LLC now owns 79,820 shares of the company’s stock worth $9,542,000 after acquiring an additional 2,603 shares during the last quarter. Finally, Saxony Capital Management LLC boosted its position in shares of iShares MSCI ACWI ETF by 5.3% during the third quarter. Saxony Capital Management LLC now owns 24,939 shares of the company’s stock worth $2,981,000 after acquiring an additional 1,264 shares during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ:ACWI opened at $119.03 on Friday. The firm has a fifty day moving average price of $117.49 and a 200 day moving average price of $113.32. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $120.93. The firm has a market cap of $19.31 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

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.