WestEnd Advisors LLC trimmed its position in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 87.5% in the second quarter, Holdings Channel reports. The firm owned 11,509 shares of the company’s stock after selling 80,914 shares during the quarter. WestEnd Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $1,480,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of ACWI. Financial Gravity Asset Management Inc. acquired a new position in iShares MSCI ACWI ETF in the first quarter valued at approximately $30,000. Rossby Financial LCC acquired a new position in iShares MSCI ACWI ETF in the first quarter valued at approximately $39,000. Costello Asset Management INC acquired a new position in iShares MSCI ACWI ETF in the first quarter valued at approximately $49,000. Richard Bernstein Advisors LLC boosted its stake in iShares MSCI ACWI ETF by 1,533.3% in the first quarter. Richard Bernstein Advisors LLC now owns 441 shares of the company’s stock valued at $51,000 after acquiring an additional 414 shares during the period. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in iShares MSCI ACWI ETF by 607.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 495 shares of the company’s stock valued at $64,000 after acquiring an additional 425 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI ACWI ETF Stock Down 0.6%
Shares of ACWI stock opened at $139.21 on Wednesday. The business has a 50 day moving average of $134.65 and a two-hundred day moving average of $126.24. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $140.24. The company has a market cap of $23.00 billion, a P/E ratio of 20.91 and a beta of 0.93.
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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Want to see what other hedge funds are holding ACWI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report).
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