Janney Montgomery Scott LLC Sells 53,379 Shares of iShares MSCI ACWI ETF $ACWI

Janney Montgomery Scott LLC lessened its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 79.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 13,904 shares of the company’s stock after selling 53,379 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MSCI ACWI ETF were worth $1,924,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Morgan Stanley grew its stake in iShares MSCI ACWI ETF by 20.5% in the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock valued at $1,193,812,000 after buying an additional 1,438,226 shares during the last quarter. Mass General Brigham Inc bought a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth approximately $652,828,000. Qalhat Capital Ltd grew its position in shares of iShares MSCI ACWI ETF by 46.4% in the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after purchasing an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares MSCI ACWI ETF by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after purchasing an additional 1,911,879 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of iShares MSCI ACWI ETF by 5.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock worth $251,723,000 after purchasing an additional 89,940 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.7%

NASDAQ:ACWI opened at $157.02 on Friday. The stock has a market cap of $33.23 billion, a P/E ratio of 20.91 and a beta of 0.92. The stock has a 50 day simple moving average of $155.84 and a 200 day simple moving average of $148.29. iShares MSCI ACWI ETF has a 1-year low of $127.77 and a 1-year high of $160.03.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.0097 per share. The ex-dividend date was Monday, June 15th.

About iShares MSCI ACWI ETF

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.