Financial Advocates Investment Management Sells 1,318 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Financial Advocates Investment Management decreased its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 8.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,081 shares of the company’s stock after selling 1,318 shares during the period. Financial Advocates Investment Management’s holdings in iShares MSCI ACWI ETF were worth $1,655,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Pacifica Partners Inc. bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth about $40,000. MidAtlantic Capital Management Inc. bought a new position in iShares MSCI ACWI ETF in the third quarter worth approximately $67,000. Avior Wealth Management LLC grew its stake in iShares MSCI ACWI ETF by 405.0% in the fourth quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after acquiring an additional 482 shares during the period. ORG Wealth Partners LLC bought a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $83,000. Finally, TD Private Client Wealth LLC increased its holdings in shares of iShares MSCI ACWI ETF by 81.4% during the third quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock valued at $95,000 after acquiring an additional 355 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.3 %

Shares of ACWI opened at $122.31 on Friday. The business’s fifty day moving average is $120.11 and its 200 day moving average is $117.99. iShares MSCI ACWI ETF has a 12-month low of $102.89 and a 12-month high of $123.58. The stock has a market cap of $19.96 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.