MainStreet Investment Advisors LLC Sells 1,850 Shares of iShares MSCI ACWI ETF $ACWI

by · The Markets Daily

MainStreet Investment Advisors LLC cut its position in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 6.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,089 shares of the company’s stock after selling 1,850 shares during the quarter. MainStreet Investment Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $3,612,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. increased its position in iShares MSCI ACWI ETF by 90.3% during the first quarter. Victory Capital Management Inc. now owns 80,414 shares of the company’s stock worth $9,359,000 after acquiring an additional 38,148 shares during the period. Private Advisor Group LLC increased its holdings in shares of iShares MSCI ACWI ETF by 3.9% during the first quarter. Private Advisor Group LLC now owns 61,068 shares of the company’s stock worth $7,108,000 after purchasing an additional 2,286 shares during the period. IFP Advisors Inc boosted its stake in shares of iShares MSCI ACWI ETF by 5.2% in the first quarter. IFP Advisors Inc now owns 4,074 shares of the company’s stock valued at $474,000 after buying an additional 200 shares during the period. Allianz Asset Management GmbH grew its position in iShares MSCI ACWI ETF by 1.8% during the first quarter. Allianz Asset Management GmbH now owns 1,760,090 shares of the company’s stock worth $204,857,000 after buying an additional 31,320 shares in the last quarter. Finally, Johns Hopkins University increased its stake in iShares MSCI ACWI ETF by 8.2% during the 1st quarter. Johns Hopkins University now owns 4,166,396 shares of the company’s stock worth $484,927,000 after acquiring an additional 316,364 shares during the period. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $138.58 on Tuesday. The company has a market cap of $23.20 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $143.04. The stock has a fifty day moving average price of $139.03 and a 200-day moving average price of $131.87.

About iShares MSCI ACWI ETF

(Free Report)

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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