PAX Financial Group LLC Has $4.18 Million Holdings in iShares MSCI ACWI ETF $ACWI

PAX Financial Group LLC trimmed its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,465 shares of the company’s stock after selling 1,805 shares during the period. PAX Financial Group LLC’s holdings in iShares MSCI ACWI ETF were worth $4,175,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ACWI. Johns Hopkins University raised its holdings in iShares MSCI ACWI ETF by 8.2% in the 1st quarter. Johns Hopkins University now owns 4,166,396 shares of the company’s stock valued at $484,927,000 after acquiring an additional 316,364 shares during the period. Phoenix Financial Ltd. boosted its stake in shares of iShares MSCI ACWI ETF by 73,377.9% in the 2nd quarter. Phoenix Financial Ltd. now owns 2,292,511 shares of the company’s stock valued at $294,817,000 after purchasing an additional 2,289,391 shares during the last quarter. P E Global LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.6% during the 2nd quarter. P E Global LLC now owns 2,215,307 shares of the company’s stock worth $284,888,000 after buying an additional 13,989 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in shares of iShares MSCI ACWI ETF by 1.8% during the first quarter. Allianz Asset Management GmbH now owns 1,760,090 shares of the company’s stock valued at $204,857,000 after purchasing an additional 31,320 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI ACWI ETF by 7.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,359,545 shares of the company’s stock worth $174,837,000 after purchasing an additional 98,146 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $140.08 on Monday. The stock has a 50-day moving average of $138.95 and a 200-day moving average of $131.72. The company has a market cap of $23.45 billion, a PE ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $143.04.

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.