Allianz SE Sells 6,756 Shares of iShares MSCI ACWI ETF $ACWI

Allianz SE reduced its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 519,175 shares of the company’s stock after selling 6,756 shares during the quarter. iShares MSCI ACWI ETF accounts for approximately 0.9% of Allianz SE’s holdings, making the stock its 17th largest position. Allianz SE’s holdings in iShares MSCI ACWI ETF were worth $73,458,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in ACWI. Summit Financial LLC grew its position in iShares MSCI ACWI ETF by 8.3% in the fourth quarter. Summit Financial LLC now owns 21,683 shares of the company’s stock worth $3,068,000 after acquiring an additional 1,668 shares in the last quarter. Circle Wealth Management LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 6.1% in the fourth quarter. Circle Wealth Management LLC now owns 199,113 shares of the company’s stock valued at $28,172,000 after purchasing an additional 11,503 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 2.0% in the fourth quarter. Quadrant Capital Group LLC now owns 24,982 shares of the company’s stock valued at $3,535,000 after purchasing an additional 491 shares during the period. Empirical Finance LLC raised its stake in iShares MSCI ACWI ETF by 1.7% in the fourth quarter. Empirical Finance LLC now owns 13,031 shares of the company’s stock worth $1,844,000 after buying an additional 215 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its stake in iShares MSCI ACWI ETF by 56.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 326,330 shares of the company’s stock worth $46,172,000 after buying an additional 117,367 shares in the last quarter. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Trading Up 0.4%

Shares of ACWI stock opened at $156.47 on Friday. The business’s fifty day simple moving average is $152.16 and its 200-day simple moving average is $146.21. The company has a market cap of $32.36 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12-month low of $123.20 and a 12-month high of $160.03.

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.