Financial Council LLC Sells 1,286 Shares of iShares MSCI ACWI ETF $ACWI

Financial Council LLC lessened its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,134 shares of the company’s stock after selling 1,286 shares during the quarter. iShares MSCI ACWI ETF comprises 2.2% of Financial Council LLC’s investment portfolio, making the stock its 13th biggest holding. Financial Council LLC’s holdings in iShares MSCI ACWI ETF were worth $4,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the 1st quarter worth about $30,000. Rossby Financial LCC acquired a new stake in shares of iShares MSCI ACWI ETF in the 1st quarter worth about $39,000. Costello Asset Management INC acquired a new stake in shares of iShares MSCI ACWI ETF in the 1st quarter worth about $49,000. Richard Bernstein Advisors LLC raised its holdings in shares of iShares MSCI ACWI ETF by 1,533.3% in the 1st quarter. Richard Bernstein Advisors LLC now owns 441 shares of the company’s stock worth $51,000 after acquiring an additional 414 shares during the last quarter. Finally, American National Bank & Trust acquired a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter worth about $64,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

ACWI opened at $139.50 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $140.04. The firm has a market capitalization of $23.05 billion, a PE ratio of 20.91 and a beta of 0.93. The company’s 50-day moving average is $134.31 and its 200 day moving average is $125.89.

iShares MSCI ACWI ETF 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.