Brightwater Advisory LLC Sells 3,297 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Brightwater Advisory LLC reduced its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 31.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,172 shares of the company’s stock after selling 3,297 shares during the quarter. Brightwater Advisory LLC’s holdings in iShares MSCI ACWI ETF were worth $857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Continuum Advisory LLC bought a new stake in iShares MSCI ACWI ETF in the 2nd quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in iShares MSCI ACWI ETF in the second quarter worth $39,000. Vima LLC purchased a new position in iShares MSCI ACWI ETF during the 4th quarter worth $42,000. Cooksen Wealth LLC bought a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at $74,000. Finally, Quent Capital LLC raised its holdings in iShares MSCI ACWI ETF by 2,148.4% in the first quarter. Quent Capital LLC now owns 697 shares of the company’s stock worth $77,000 after purchasing an additional 666 shares in the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI traded up $0.28 during midday trading on Wednesday, reaching $119.32. 240,795 shares of the stock traded hands, compared to its average volume of 3,123,724. The business has a 50-day moving average of $115.34 and a two-hundred day moving average of $112.51. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $120.24. The stock has a market capitalization of $19.35 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Company 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.