Stonehage Fleming Financial Services Holdings Ltd Trims Stock Holdings in iShares MSCI ACWI ETF $ACWI

Stonehage Fleming Financial Services Holdings Ltd lowered its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 41.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 11,975 shares of the company’s stock after selling 8,360 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in iShares MSCI ACWI ETF were worth $1,694,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Qalhat Capital Ltd boosted its holdings in iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after buying an additional 1,137,134 shares during the period. Phoenix Financial Ltd. grew its stake in iShares MSCI ACWI ETF by 41.7% in the 3rd quarter. Phoenix Financial Ltd. now owns 3,247,975 shares of the company’s stock valued at $449,120,000 after buying an additional 955,464 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares MSCI ACWI ETF by 1.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,374,343 shares of the company’s stock valued at $189,989,000 after acquiring an additional 14,798 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI ACWI ETF by 10.4% during the third quarter. JPMorgan Chase & Co. now owns 1,300,844 shares of the company’s stock worth $179,829,000 after acquiring an additional 122,558 shares in the last quarter. Finally, Prudential PLC lifted its position in shares of iShares MSCI ACWI ETF by 34.1% during the third quarter. Prudential PLC now owns 1,143,302 shares of the company’s stock worth $158,050,000 after acquiring an additional 290,467 shares in the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $136.38 on Friday. The firm has a market capitalization of $25.23 billion, a P/E ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $101.25 and a one year high of $148.75. The business has a fifty day moving average price of $144.19 and a 200-day moving average price of $141.57.

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.