Sequoia Financial Advisors LLC cut its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 3.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,197,896 shares of the company’s stock after selling 48,518 shares during the period. iShares MSCI ACWI ETF makes up about 0.9% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Sequoia Financial Advisors LLC owned about 0.58% of iShares MSCI ACWI ETF worth $165,753,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Morgan Stanley grew its stake in shares of iShares MSCI ACWI ETF by 20.5% in the fourth quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock worth $1,193,812,000 after purchasing an additional 1,438,226 shares in the last quarter. Mass General Brigham Inc bought a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $652,828,000. Qalhat Capital Ltd lifted its holdings in iShares MSCI ACWI ETF by 46.4% in the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after purchasing an additional 1,137,134 shares during the period. BNP Paribas Financial Markets lifted its holdings in iShares MSCI ACWI ETF by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after purchasing an additional 1,911,879 shares during the period. Finally, Wells Fargo & Company MN grew its position in iShares MSCI ACWI ETF by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock valued at $251,723,000 after buying an additional 89,940 shares in the last quarter. 61.52% of the stock is owned by institutional investors.
iShares MSCI ACWI ETF Stock Up 0.4%
iShares MSCI ACWI ETF stock traded up $0.66 during trading hours on Friday, hitting $157.68. 2,306,163 shares of the company traded hands, compared to its average volume of 4,720,543. The firm has a market cap of $33.37 billion, a P/E ratio of 20.91 and a beta of 0.92. The firm’s 50-day simple moving average is $156.01 and its two-hundred day simple moving average is $148.36. iShares MSCI ACWI ETF has a 1-year low of $127.77 and a 1-year high of $160.03.
iShares MSCI ACWI ETF Dividend Announcement
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.
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