Harel Insurance Investments & Financial Services Ltd. lowered its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 44.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 22,107 shares of the company’s stock after selling 17,900 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in iShares MSCI ACWI ETF were worth $3,122,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in ACWI. NewEdge Advisors LLC boosted its stake in iShares MSCI ACWI ETF by 16.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in iShares MSCI ACWI ETF by 101.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after purchasing an additional 2,365 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in iShares MSCI ACWI ETF during the 2nd quarter valued at about $270,000. First Trust Advisors LP boosted its stake in iShares MSCI ACWI ETF by 66.1% during the 2nd quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in iShares MSCI ACWI ETF by 333.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after purchasing an additional 38,569 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Stock Performance
ACWI stock opened at $152.35 on Wednesday. The company has a market capitalization of $31.51 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 52-week low of $117.82 and a 52-week high of $152.60. The business has a 50-day simple moving average of $144.09 and a two-hundred day simple moving average of $143.09.
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.
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