Mill Creek Capital Advisors LLC Sells 10,016 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Mill Creek Capital Advisors LLC cut its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 352,818 shares of the company’s stock after selling 10,016 shares during the quarter. iShares MSCI ACWI ETF makes up 1.0% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Mill Creek Capital Advisors LLC owned 0.22% of iShares MSCI ACWI ETF worth $39,657,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ACWI. Cherrydale Wealth Management LLC increased its position in iShares MSCI ACWI ETF by 0.8% in the second quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock worth $1,167,000 after buying an additional 87 shares during the last quarter. Mather Group LLC. boosted its position in iShares MSCI ACWI ETF by 2.2% during the first quarter. Mather Group LLC. now owns 4,654 shares of the company’s stock worth $474,000 after purchasing an additional 99 shares during the period. HB Wealth Management LLC increased its stake in shares of iShares MSCI ACWI ETF by 0.5% in the first quarter. HB Wealth Management LLC now owns 21,072 shares of the company’s stock worth $2,321,000 after purchasing an additional 104 shares in the last quarter. TFO Wealth Partners LLC raised its position in shares of iShares MSCI ACWI ETF by 0.9% in the fourth quarter. TFO Wealth Partners LLC now owns 11,329 shares of the company’s stock valued at $1,152,903,000 after purchasing an additional 106 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of iShares MSCI ACWI ETF by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 12,203 shares of the company’s stock valued at $1,242,000 after buying an additional 113 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $118.21 on Tuesday. The stock has a market capitalization of $18.91 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The company’s fifty day simple moving average is $114.13 and its two-hundred day simple moving average is $111.71. iShares MSCI ACWI ETF has a 1 year low of $88.33 and a 1 year high of $118.57.

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.