iShares MSCI ACWI ETF $ACWI Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC lessened its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 76.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 16,283 shares of the company’s stock after selling 53,270 shares during the quarter. Moran Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $2,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ACWI. Triumph Capital Management purchased a new stake in iShares MSCI ACWI ETF during the 3rd quarter worth about $27,000. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter worth about $27,000. Smith & Howard Wealth Management LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter worth about $31,000. Root Financial Partners LLC lifted its stake in iShares MSCI ACWI ETF by 7,100.0% during the fourth quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Karpus Management Inc. purchased a new stake in iShares MSCI ACWI ETF during the fourth quarter worth approximately $37,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $156.15 on Monday. The stock has a 50 day moving average price of $155.29 and a 200 day moving average price of $147.81. The company has a market capitalization of $33.04 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 52-week low of $127.77 and a 52-week high of $160.03.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.