Financial Council LLC Reduces Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Financial Council LLC lowered its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,420 shares of the company’s stock after selling 113 shares during the quarter. iShares MSCI ACWI ETF accounts for 2.3% of Financial Council LLC’s portfolio, making the stock its 12th largest position. Financial Council LLC’s holdings in iShares MSCI ACWI ETF were worth $4,239,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ACWI. Oppenheimer & Co. Inc. boosted its stake in shares of iShares MSCI ACWI ETF by 53.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 4,511 shares of the company’s stock worth $530,000 after acquiring an additional 1,577 shares during the last quarter. Arlington Capital Management Inc. boosted its stake in shares of iShares MSCI ACWI ETF by 491.8% during the 4th quarter. Arlington Capital Management Inc. now owns 265,658 shares of the company’s stock worth $31,215,000 after acquiring an additional 220,771 shares during the last quarter. Privium Fund Management UK Ltd purchased a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth $21,631,000. Jones Financial Companies Lllp raised its position in shares of iShares MSCI ACWI ETF by 72.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,342 shares of the company’s stock valued at $275,000 after purchasing an additional 984 shares during the period. Finally, OLD Mission Capital LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at $10,937,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $125.92 on Tuesday. The company has a market capitalization of $21.78 billion, a price-to-earnings ratio of 21.59 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $126.26. The company’s fifty day moving average price is $117.69 and its 200-day moving average price is $119.20.

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.