Apollon Wealth Management LLC Sells 342 Shares of iShares MSCI ACWI ETF $ACWI

Apollon Wealth Management LLC lowered its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,522 shares of the company’s stock after selling 342 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $1,739,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Verger Capital Management LLC grew its position in iShares MSCI ACWI ETF by 29.7% during the second quarter. Verger Capital Management LLC now owns 377,424 shares of the company’s stock valued at $48,537,000 after buying an additional 86,344 shares during the period. Blue Trust Inc. grew its position in iShares MSCI ACWI ETF by 0.9% during the second quarter. Blue Trust Inc. now owns 414,687 shares of the company’s stock valued at $53,329,000 after buying an additional 3,839 shares during the period. Robertson Stephens Wealth Management LLC grew its position in iShares MSCI ACWI ETF by 6.3% during the second quarter. Robertson Stephens Wealth Management LLC now owns 3,644 shares of the company’s stock valued at $469,000 after buying an additional 216 shares during the period. McKinley Carter Wealth Services Inc. grew its position in iShares MSCI ACWI ETF by 1,198.4% during the second quarter. McKinley Carter Wealth Services Inc. now owns 30,072 shares of the company’s stock valued at $3,867,000 after buying an additional 27,756 shares during the period. Finally, Stonebridge Financial Group LLC grew its position in iShares MSCI ACWI ETF by 29.1% during the second quarter. Stonebridge Financial Group LLC now owns 3,234 shares of the company’s stock valued at $416,000 after buying an additional 728 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 1.6%

NASDAQ ACWI opened at $137.82 on Tuesday. The company has a market cap of $22.77 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $140.24. The firm’s 50-day simple moving average is $135.33 and its two-hundred day simple moving average is $126.84.

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.