Cresset Asset Management LLC Sells 5,597 Shares of iShares MSCI ACWI ETF $ACWI

Cresset Asset Management LLC decreased its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,302 shares of the company’s stock after selling 5,597 shares during the quarter. Cresset Asset Management LLC owned approximately 0.10% of iShares MSCI ACWI ETF worth $21,644,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Phoenix Financial Ltd. increased its holdings in iShares MSCI ACWI ETF by 73,377.9% in the 2nd quarter. Phoenix Financial Ltd. now owns 2,292,511 shares of the company’s stock worth $294,817,000 after acquiring an additional 2,289,391 shares in the last quarter. Ieq Capital LLC lifted its holdings in iShares MSCI ACWI ETF by 303.4% during the first quarter. Ieq Capital LLC now owns 500,305 shares of the company’s stock valued at $58,230,000 after purchasing an additional 376,273 shares in the last quarter. National Bank of Canada FI boosted its position in shares of iShares MSCI ACWI ETF by 79.5% in the first quarter. National Bank of Canada FI now owns 759,507 shares of the company’s stock worth $88,400,000 after purchasing an additional 336,296 shares during the period. Pathway Financial Advisors LLC increased its stake in shares of iShares MSCI ACWI ETF by 6,875.8% in the second quarter. Pathway Financial Advisors LLC now owns 244,292 shares of the company’s stock worth $31,416,000 after purchasing an additional 240,790 shares in the last quarter. Finally, Bogart Wealth LLC raised its position in shares of iShares MSCI ACWI ETF by 35.1% during the 2nd quarter. Bogart Wealth LLC now owns 925,215 shares of the company’s stock valued at $118,983,000 after purchasing an additional 240,275 shares during the period. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of iShares MSCI ACWI ETF stock opened at $142.10 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $143.04. The company has a market capitalization of $23.79 billion, a P/E ratio of 20.91 and a beta of 0.93. The company has a fifty day moving average of $139.80 and a 200 day moving average of $133.53.

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.