Equitable Trust Co. Cuts Stake in iShares MSCI ACWI ETF $ACWI

Equitable Trust Co. reduced its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWIFree Report) by 10.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 154,823 shares of the company’s stock after selling 17,797 shares during the period. iShares MSCI ACWI ETF comprises approximately 1.0% of Equitable Trust Co.’s portfolio, making the stock its 21st biggest holding. Equitable Trust Co.’s holdings in iShares MSCI ACWI ETF were worth $21,423,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ACWI. Morgan Stanley lifted its holdings in shares of iShares MSCI ACWI ETF by 20.5% in the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock worth $1,193,812,000 after acquiring an additional 1,438,226 shares during the last quarter. Mass General Brigham Inc purchased a new position in iShares MSCI ACWI ETF in the 4th quarter worth $652,828,000. Qalhat Capital Ltd raised its position in iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after purchasing an additional 1,137,134 shares during the period. BNP Paribas Financial Markets lifted 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 worth $370,719,000 after purchasing an additional 1,911,879 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in iShares MSCI ACWI ETF by 5.3% in the fourth 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 during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 0.7%

NASDAQ ACWI opened at $157.02 on Friday. The company has a 50-day simple moving average of $155.84 and a two-hundred day simple moving average of $148.29. iShares MSCI ACWI ETF has a 12-month low of $127.77 and a 12-month high of $160.03. The firm has a market cap of $33.23 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

iShares MSCI ACWI ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI ACWI ETF (NASDAQ:ACWI)

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