Lazard Asset Management LLC Has $2.48 Million Stock Position in iShares MSCI ACWI ETF $ACWI

Lazard Asset Management LLC lessened its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 44.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,949 shares of the company’s stock after selling 14,576 shares during the quarter. Lazard Asset Management LLC’s holdings in iShares MSCI ACWI ETF were worth $2,484,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in ACWI. Morgan Stanley increased its position 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 in the last quarter. Mass General Brigham Inc acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth approximately $652,828,000. Qalhat Capital Ltd boosted its holdings in 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 worth $461,443,000 after acquiring an additional 1,137,134 shares in the last quarter. BNP Paribas Financial Markets grew its stake in 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 acquiring an additional 1,911,879 shares during the period. Finally, Wells Fargo & Company MN grew its stake in iShares MSCI ACWI ETF by 5.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock valued at $251,723,000 after acquiring an additional 89,940 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $156.43 on Monday. iShares MSCI ACWI ETF has a 52 week low of $127.77 and a 52 week high of $160.03. The business has a 50 day moving average price of $156.24 and a 200-day moving average price of $149.70. The company has a market cap of $32.51 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Dividend Announcement

The firm 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.