ICONIQ Capital LLC decreased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 7.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,444,664 shares of the company’s stock after selling 118,824 shares during the period. iShares MSCI ACWI ETF accounts for 3.1% of ICONIQ Capital LLC’s holdings, making the stock its 7th biggest position. ICONIQ Capital LLC owned 0.84% of iShares MSCI ACWI ETF worth $168,144,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ACWI. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York purchased a new stake in iShares MSCI ACWI ETF during the first quarter valued at approximately $179,665,000. Sarasin & Partners LLP purchased a new stake in iShares MSCI ACWI ETF during the first quarter valued at approximately $164,781,000. Qalhat Capital Ltd lifted its position in iShares MSCI ACWI ETF by 171.9% during the fourth quarter. Qalhat Capital Ltd now owns 1,783,702 shares of the company’s stock valued at $209,585,000 after acquiring an additional 1,127,675 shares during the last quarter. Jennison Associates LLC lifted its position in iShares MSCI ACWI ETF by 494.0% during the first quarter. Jennison Associates LLC now owns 790,200 shares of the company’s stock valued at $91,971,000 after acquiring an additional 657,162 shares during the last quarter. Finally, Bank of Nova Scotia lifted its position in iShares MSCI ACWI ETF by 106.0% during the first quarter. Bank of Nova Scotia now owns 833,168 shares of the company’s stock valued at $96,972,000 after acquiring an additional 428,735 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Stock Up 1.7%
NASDAQ:ACWI opened at $134.22 on Friday. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $134.38. The firm has a 50 day moving average of $129.71 and a 200 day moving average of $122.69. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.
iShares MSCI ACWI ETF Cuts Dividend
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.
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