HB Wealth Management LLC Sells 5,274 Shares of iShares MSCI ACWI ETF $ACWI

HB Wealth Management LLC reduced its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 5.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,709 shares of the company’s stock after selling 5,274 shares during the quarter. HB Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $11,860,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACWI. NewEdge Advisors LLC grew its holdings in shares of iShares MSCI ACWI ETF by 16.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock worth $1,275,000 after purchasing an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares MSCI ACWI ETF by 101.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after purchasing an additional 2,365 shares in the last quarter. Russell Investments Group Ltd. bought a new position in iShares MSCI ACWI ETF during the 2nd quarter valued at about $270,000. First Trust Advisors LP lifted its holdings in iShares MSCI ACWI ETF by 66.1% during the 2nd quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in iShares MSCI ACWI ETF by 333.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after purchasing an additional 38,569 shares during the last quarter. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ:ACWI opened at $156.15 on Friday. The firm has a market cap of $32.64 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12 month low of $127.77 and a 12 month high of $160.03. The company’s 50-day moving average price is $155.29 and its two-hundred day moving average price is $147.77.

iShares MSCI ACWI ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $1.0097 dividend. 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.