Prudential PLC Reduces Stock Holdings in iShares MSCI ACWI ETF $ACWI

Prudential PLC decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,100,504 shares of the company’s stock after selling 42,798 shares during the period. iShares MSCI ACWI ETF comprises approximately 1.2% of Prudential PLC’s portfolio, making the stock its 13th biggest holding. Prudential PLC owned 0.59% of iShares MSCI ACWI ETF worth $155,710,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. BlackDiamond Wealth Management LLC purchased a new position in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $264,000. Johnson Financial Group LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth $517,000. Bank of New York Mellon Corp lifted its position in shares of iShares MSCI ACWI ETF by 13.6% during the fourth quarter. Bank of New York Mellon Corp now owns 406,085 shares of the company’s stock worth $57,457,000 after acquiring an additional 48,740 shares in the last quarter. Allen Investment Management LLC lifted its position in shares of iShares MSCI ACWI ETF by 1.3% during the fourth quarter. Allen Investment Management LLC now owns 158,528 shares of the company’s stock worth $22,430,000 after acquiring an additional 2,034 shares in the last quarter. Finally, Root Financial Partners LLC lifted its position in shares of iShares MSCI ACWI ETF by 7,100.0% during the fourth quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $159.13 on Friday. The company has a market cap of $32.91 billion, a P/E ratio of 20.91 and a beta of 0.92. The stock’s fifty day moving average price is $150.04 and its two-hundred day moving average price is $145.53. iShares MSCI ACWI ETF has a 1 year low of $123.20 and a 1 year high of $160.03.

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.