Mercer Global Advisors Inc. ADV Sells 1,273 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Mercer Global Advisors Inc. ADV cut its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,994 shares of the company’s stock after selling 1,273 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in iShares MSCI ACWI ETF were worth $5,057,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Cherrydale Wealth Management LLC increased its holdings in shares of iShares MSCI ACWI ETF by 0.8% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock valued at $1,167,000 after acquiring an additional 87 shares during the last quarter. Mather Group LLC. lifted its stake in shares of iShares MSCI ACWI ETF by 2.2% in the first quarter. Mather Group LLC. now owns 4,654 shares of the company’s stock worth $474,000 after buying an additional 99 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.5% during the 1st quarter. HB Wealth Management LLC now owns 21,072 shares of the company’s stock worth $2,321,000 after buying an additional 104 shares during the period. TFO Wealth Partners LLC grew its stake in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. TFO Wealth Partners LLC now owns 11,329 shares of the company’s stock valued at $1,152,903,000 after buying an additional 106 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 12,203 shares of the company’s stock worth $1,242,000 after acquiring an additional 113 shares during the period. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $117.76 on Friday. The stock has a market capitalization of $18.84 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The company has a 50-day moving average of $114.09 and a two-hundred day moving average of $111.61. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $118.57.

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.