iShares MSCI ACWI ETF $ACWI Position Reduced by Simon Quick Advisors LLC

Simon Quick Advisors LLC decreased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 16.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,842 shares of the company’s stock after selling 1,695 shares during the quarter. Simon Quick Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $1,137,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors bought a new stake in iShares MSCI ACWI ETF during the second quarter worth approximately $775,000. Analyst IMS Investment Management Services Ltd. grew its stake in shares of iShares MSCI ACWI ETF by 24.7% in the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 4,762 shares of the company’s stock worth $612,000 after purchasing an additional 942 shares during the last quarter. Beirne Wealth Consulting Services LLC grew its stake in shares of iShares MSCI ACWI ETF by 10.0% in the 2nd quarter. Beirne Wealth Consulting Services LLC now owns 52,005 shares of the company’s stock worth $6,688,000 after purchasing an additional 4,727 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of iShares MSCI ACWI ETF by 56.5% in the 2nd quarter. Bessemer Group Inc. now owns 493,941 shares of the company’s stock worth $63,521,000 after purchasing an additional 178,372 shares during the last quarter. Finally, Banco Santander S.A. grew its stake in shares of iShares MSCI ACWI ETF by 62.7% in the 2nd quarter. Banco Santander S.A. now owns 385,710 shares of the company’s stock worth $49,602,000 after purchasing an additional 148,636 shares during the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $141.17 on Friday. The firm’s 50 day moving average is $137.37 and its 200-day moving average is $129.39. The stock has a market capitalization of $23.46 billion, a P/E ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month 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.