Hsbc Holdings PLC Decreases Stock Position in iShares MSCI ACWI ETF $ACWI

Hsbc Holdings PLC lessened its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 14.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 632,015 shares of the company’s stock after selling 108,457 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI ACWI ETF were worth $87,452,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Patten Group Inc. increased its stake in iShares MSCI ACWI ETF by 0.9% in the 1st quarter. Patten Group Inc. now owns 7,948 shares of the company’s stock worth $1,100,000 after purchasing an additional 74 shares during the period. Naples Global Advisors LLC lifted its position in iShares MSCI ACWI ETF by 1.9% in the fourth quarter. Naples Global Advisors LLC now owns 4,125 shares of the company’s stock valued at $584,000 after purchasing an additional 75 shares during the last quarter. NavPoint Financial Inc. lifted its position in iShares MSCI ACWI ETF by 0.9% in the fourth quarter. NavPoint Financial Inc. now owns 8,793 shares of the company’s stock valued at $1,244,000 after purchasing an additional 76 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in shares of iShares MSCI ACWI ETF by 2.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 3,409 shares of the company’s stock valued at $482,000 after purchasing an additional 89 shares during the period. Finally, Cherrydale Wealth Management LLC boosted its stake in shares of iShares MSCI ACWI ETF by 0.9% during the fourth quarter. Cherrydale Wealth Management LLC now owns 10,649 shares of the company’s stock valued at $1,507,000 after purchasing an additional 94 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of iShares MSCI ACWI ETF stock opened at $155.00 on Monday. iShares MSCI ACWI ETF has a 52-week low of $127.77 and a 52-week high of $160.03. The stock has a market capitalization of $32.80 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The company’s 50 day moving average price is $156.27 and its 200-day moving average price is $148.89.

iShares MSCI ACWI ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.0097 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.