National Bank of Canada FI Trims Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

National Bank of Canada FI reduced its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 52.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 423,211 shares of the company’s stock after selling 468,795 shares during the period. National Bank of Canada FI owned 0.26% of iShares MSCI ACWI ETF worth $49,727,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Franklin Resources Inc. raised its stake in iShares MSCI ACWI ETF by 3.9% during the fourth quarter. Franklin Resources Inc. now owns 26,725 shares of the company’s stock valued at $3,139,000 after buying an additional 992 shares during the last quarter. Summit Financial LLC bought a new position in iShares MSCI ACWI ETF in the 4th quarter worth about $1,285,000. Alliancebernstein L.P. grew its position in iShares MSCI ACWI ETF by 24.7% during the 4th quarter. Alliancebernstein L.P. now owns 514,539 shares of the company’s stock valued at $60,458,000 after purchasing an additional 101,800 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in iShares MSCI ACWI ETF by 27.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 45,945 shares of the company’s stock valued at $5,399,000 after purchasing an additional 10,033 shares in the last quarter. Finally, Life Planning Partners Inc purchased a new position in iShares MSCI ACWI ETF in the fourth quarter worth about $2,678,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 0.4 %

NASDAQ:ACWI opened at $116.80 on Wednesday. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15. The stock has a market cap of $18.87 billion, a price-to-earnings ratio of 21.22 and a beta of 0.93. The company’s 50 day moving average price is $120.21 and its 200-day moving average price is $119.75.

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.