Nomura Asset Management Co. Ltd. Sells 622,469 Shares of iShares MSCI ACWI ETF $ACWI

Nomura Asset Management Co. Ltd. trimmed its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 88.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 83,731 shares of the company’s stock after selling 622,469 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in iShares MSCI ACWI ETF were worth $11,847,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Mass General Brigham Inc bought a new position in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $652,828,000. Qalhat Capital Ltd increased its stake in iShares MSCI ACWI ETF by 46.4% in the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after acquiring an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets increased its stake in iShares MSCI ACWI ETF by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after acquiring an additional 1,911,879 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares MSCI ACWI ETF by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,386,990 shares of the company’s stock worth $196,245,000 after buying an additional 12,647 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares MSCI ACWI ETF by 10.4% during the third quarter. JPMorgan Chase & Co. now owns 1,300,844 shares of the company’s stock worth $179,829,000 after buying an additional 122,558 shares during the last quarter. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

NASDAQ ACWI opened at $159.10 on Wednesday. The firm’s fifty day moving average price is $148.77 and its two-hundred day moving average price is $145.15. The stock has a market cap of $32.90 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a fifty-two week low of $123.20 and a fifty-two week high of $160.03.

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.