iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Sold by Community Bank N.A.

Community Bank N.A. lessened its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 42.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,000 shares of the company’s stock after selling 28,409 shares during the period. Community Bank N.A.’s holdings in iShares MSCI ACWI ETF were worth $3,867,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter worth about $40,000. MayTech Global Investments LLC purchased a new stake in iShares MSCI ACWI ETF in the third quarter valued at approximately $41,000. Anchor Investment Management LLC purchased a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $47,000. McGlone Suttner Wealth Management Inc. purchased a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $54,000. Finally, CVA Family Office LLC purchased a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $60,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ ACWI traded down $0.06 on Wednesday, reaching $106.72. The stock had a trading volume of 2,186,910 shares, compared to its average volume of 3,985,358. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $110.45. The business’s 50-day moving average price is $107.69 and its 200 day moving average price is $101.60. The stock has a market cap of $18.42 billion, a P/E ratio of 19.12 and a beta of 0.93.

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.