NewEdge Wealth LLC Sells 43,877 Shares of iShares MSCI ACWI ETF $ACWI

NewEdge Wealth LLC decreased its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 77.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,558 shares of the company’s stock after selling 43,877 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $1,738,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of ACWI. Morgan Stanley grew its holdings in iShares MSCI ACWI ETF by 20.5% in the fourth quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock worth $1,193,812,000 after purchasing an additional 1,438,226 shares during the period. Mass General Brigham Inc acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $652,828,000. Qalhat Capital Ltd raised its holdings in shares of iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after purchasing an additional 1,137,134 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of iShares MSCI ACWI ETF by 270.0% during the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after purchasing an additional 1,911,879 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of iShares MSCI ACWI ETF by 5.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock worth $251,723,000 after purchasing an additional 89,940 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $154.30 on Monday. The stock has a 50-day moving average of $156.25 and a 200-day moving average of $149.34. The company has a market cap of $32.40 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a one year low of $127.77 and a one year high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.0097 dividend. The ex-dividend date was Monday, June 15th.

iShares MSCI ACWI ETF Company Profile

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.