Summit Trail Advisors LLC trimmed its position in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 2.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,766 shares of the company’s stock after selling 337 shares during the period. Summit Trail Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $1,660,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Continuum Advisory LLC bought a new stake in iShares MSCI ACWI ETF during the 2nd quarter worth approximately $28,000. Joseph Group Capital Management increased its holdings in iShares MSCI ACWI ETF by 324.6% during the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock worth $30,000 after purchasing an additional 224 shares in the last quarter. Principal Securities Inc. bought a new stake in iShares MSCI ACWI ETF during the 4th quarter worth approximately $31,000. Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI ACWI ETF during the 2nd quarter worth approximately $39,000. Finally, Vima LLC bought a new stake in iShares MSCI ACWI ETF during the 4th quarter worth approximately $42,000. 61.52% of the stock is owned by institutional investors.
iShares MSCI ACWI ETF Stock Performance
Shares of ACWI opened at $117.76 on Friday. iShares MSCI ACWI ETF has a 52 week low of $88.33 and a 52 week high of $118.57. The stock has a 50 day moving average price of $114.09 and a two-hundred day moving average price of $111.61. The firm has a market capitalization of $18.84 billion, a P/E ratio of 19.74 and a beta of 0.93.
iShares MSCI ACWI ETF 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.
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