Brightwater Advisory LLC Trims Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Brightwater Advisory LLC reduced its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 39.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,340 shares of the company’s stock after selling 2,832 shares during the quarter. Brightwater Advisory LLC’s holdings in iShares MSCI ACWI ETF were worth $510,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Janney Montgomery Scott LLC increased its position in shares of iShares MSCI ACWI ETF by 4.2% during the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock valued at $1,445,000 after buying an additional 485 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares MSCI ACWI ETF by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock worth $110,766,000 after purchasing an additional 105,951 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new stake in iShares MSCI ACWI ETF in the third quarter valued at approximately $351,000. Edge Capital Group LLC raised its stake in iShares MSCI ACWI ETF by 13.1% in the fourth quarter. Edge Capital Group LLC now owns 4,878 shares of the company’s stock valued at $573,000 after purchasing an additional 564 shares in the last quarter. Finally, Bleakley Financial Group LLC grew its stake in iShares MSCI ACWI ETF by 2.7% in the 4th quarter. Bleakley Financial Group LLC now owns 19,302 shares of the company’s stock worth $2,268,000 after buying an additional 511 shares in the last quarter. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $121.29 on Wednesday. iShares MSCI ACWI ETF has a fifty-two week low of $104.29 and a fifty-two week high of $124.15. The stock has a market cap of $19.60 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm’s fifty day moving average price is $120.25 and its 200-day moving average price is $119.16.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

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.