Financial Management Professionals Inc. Sells 9,300 Shares of iShares MSCI ACWI ETF $ACWI

Financial Management Professionals Inc. reduced its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,724 shares of the company’s stock after selling 9,300 shares during the period. iShares MSCI ACWI ETF comprises about 0.9% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 23rd largest holding. Financial Management Professionals Inc.’s holdings in iShares MSCI ACWI ETF were worth $9,016,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Quent Capital LLC bought a new position in iShares MSCI ACWI ETF in the third quarter valued at $25,000. Triumph Capital Management bought a new stake in iShares MSCI ACWI ETF during the 3rd quarter worth about $27,000. Westfuller Advisors LLC bought a new stake in iShares MSCI ACWI ETF during the 3rd quarter worth about $40,000. Atlantic Union Bankshares Corp boosted its stake in shares of iShares MSCI ACWI ETF by 1,025.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 675 shares of the company’s stock worth $93,000 after buying an additional 615 shares during the last quarter. Finally, Sage Mountain Advisors LLC acquired a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter worth about $111,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ ACWI opened at $150.90 on Friday. The business has a 50-day moving average of $143.37 and a 200-day moving average of $142.26. The stock has a market capitalization of $30.99 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a fifty-two week low of $108.55 and a fifty-two week high of $151.42.

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.