Sequoia Financial Advisors LLC Has $178.79 Million Holdings in iShares MSCI ACWI ETF $ACWI

Sequoia Financial Advisors LLC decreased its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,293,324 shares of the company’s stock after selling 32,673 shares during the period. iShares MSCI ACWI ETF accounts for approximately 1.1% of Sequoia Financial Advisors LLC’s holdings, making the stock its 18th largest position. Sequoia Financial Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $178,789,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ACWI. Permanent Capital Management LP bought a new stake in iShares MSCI ACWI ETF during the 3rd quarter worth approximately $7,584,000. Commonwealth Equity Services LLC boosted its stake in iShares MSCI ACWI ETF by 11.9% in the third quarter. Commonwealth Equity Services LLC now owns 61,579 shares of the company’s stock worth $8,513,000 after purchasing an additional 6,538 shares in the last quarter. Ayalon Insurance Comp Ltd. boosted its stake in iShares MSCI ACWI ETF by 21.1% in the third quarter. Ayalon Insurance Comp Ltd. now owns 280,571 shares of the company’s stock worth $38,786,000 after purchasing an additional 48,799 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of iShares MSCI ACWI ETF by 3.6% during the third quarter. Cerity Partners LLC now owns 279,951 shares of the company’s stock worth $38,700,000 after purchasing an additional 9,766 shares during the last quarter. Finally, Channel Wealth LLC acquired a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at $8,970,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $145.00 on Friday. The stock has a 50-day simple moving average of $141.62 and a 200 day simple moving average of $137.28. The stock has a market capitalization of $26.39 billion, a price-to-earnings 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 $145.63.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $1.2353 per share. This represents a dividend yield of 176.0%. The ex-dividend date was Tuesday, December 16th.

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.