iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Sold by First Citizens Asset Management Inc.

First Citizens Asset Management Inc. lowered its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,761 shares of the company’s stock after selling 496 shares during the quarter. iShares MSCI ACWI ETF comprises approximately 0.2% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 21st biggest holding. First Citizens Asset Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $442,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Capital Group Private Client Services Inc. grew its holdings in iShares MSCI ACWI ETF by 21,865.4% in the 4th quarter. Capital Group Private Client Services Inc. now owns 1,608,528 shares of the company’s stock worth $189,002,000 after buying an additional 1,601,205 shares in the last quarter. Granger Management LLC grew its stake in shares of iShares MSCI ACWI ETF by 252.2% in the fourth quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock worth $157,370,000 after purchasing an additional 959,000 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of iShares MSCI ACWI ETF by 52.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,928,903 shares of the company’s stock valued at $226,646,000 after purchasing an additional 661,137 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of iShares MSCI ACWI ETF by 33.5% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock valued at $281,744,000 after purchasing an additional 601,720 shares in the last quarter. Finally, Allianz SE acquired a new stake in iShares MSCI ACWI ETF in the fourth quarter worth about $62,927,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.4 %

iShares MSCI ACWI ETF stock opened at $111.40 on Friday. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $124.15. The stock has a market cap of $18.89 billion, a price-to-earnings ratio of 19.13 and a beta of 0.93. The company’s 50-day moving average price is $116.81 and its two-hundred day moving average price is $118.89.

iShares MSCI ACWI ETF Company 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.