iShares MSCI ACWI ETF (NASDAQ:ACWI) Stock Position Cut by Able Wealth Management LLC

Able Wealth Management LLC cut its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,286 shares of the company’s stock after selling 1,263 shares during the quarter. iShares MSCI ACWI ETF comprises about 4.9% of Able Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Able Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $7,436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ACWI. Pacifica Partners Inc. purchased a new stake in iShares MSCI ACWI ETF in the fourth quarter worth $40,000. Centerpoint Advisors LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at $54,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $67,000. Avior Wealth Management LLC grew its position in shares of iShares MSCI ACWI ETF by 405.0% in the 4th quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock worth $71,000 after buying an additional 482 shares during the period. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $83,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $123.98 on Thursday. The firm has a market capitalization of $20.04 billion, a P/E ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $104.29 and a one year high of $124.15. The company’s 50-day simple moving average is $120.22 and its 200 day simple moving average is $118.71.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors 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.