Waverly Advisors LLC Lowers Stake in iShares MSCI ACWI ETF $ACWI

Waverly Advisors LLC reduced its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,893 shares of the company’s stock after selling 5,113 shares during the period. Waverly Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $12,541,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in ACWI. Godfrey Financial Associates Inc. purchased a new position in iShares MSCI ACWI ETF in the 4th quarter valued at approximately $27,000. Triumph Capital Management purchased a new position in iShares MSCI ACWI ETF in the third quarter valued at approximately $27,000. Root Financial Partners LLC grew its position in shares of iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the last quarter. Advisortrust Partners LLC purchased a new position in shares of iShares MSCI ACWI ETF during the first quarter worth about $32,000. Finally, Continuum Advisory LLC acquired a new position in iShares MSCI ACWI ETF during the second quarter worth approximately $36,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI opened at $160.15 on Thursday. The stock has a market cap of $33.28 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1-year low of $133.65 and a 1-year high of $162.80. The firm has a fifty day moving average price of $158.66 and a 200 day moving average price of $152.71.

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.