Hackensack Meridian Health Inc. Sells 337,000 Shares of iShares MSCI ACWI ETF $ACWI

Hackensack Meridian Health Inc. decreased its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 79.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,000 shares of the company’s stock after selling 337,000 shares during the period. iShares MSCI ACWI ETF accounts for approximately 1.1% of Hackensack Meridian Health Inc.’s holdings, making the stock its 7th biggest holding. Hackensack Meridian Health Inc.’s holdings in iShares MSCI ACWI ETF were worth $12,027,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ACWI. Mass General Brigham Inc acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth about $652,828,000. BNP Paribas Financial Markets lifted its position in iShares MSCI ACWI ETF by 270.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after buying an additional 1,911,879 shares in the last quarter. Qalhat Capital Ltd lifted its position in iShares MSCI ACWI ETF by 46.4% during the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after buying an additional 1,137,134 shares in the last quarter. UBS Group AG lifted its position in iShares MSCI ACWI ETF by 55.3% during the 4th quarter. UBS Group AG now owns 1,216,046 shares of the company’s stock worth $172,058,000 after buying an additional 432,985 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in iShares MSCI ACWI ETF by 255.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 483,180 shares of the company’s stock worth $68,365,000 after buying an additional 347,070 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 0.8%

Shares of NASDAQ ACWI opened at $158.65 on Thursday. The firm’s 50-day simple moving average is $149.61 and its 200 day simple moving average is $145.40. The company has a market cap of $32.81 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12-month low of $123.20 and a 12-month high of $160.03.

iShares MSCI ACWI ETF Company 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.