Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $153.20 and traded as low as $150.88. iShares MSCI ACWI ETF shares last traded at $152.00, with a volume of 6,642,309 shares traded.
iShares MSCI ACWI ETF Trading Down 4.1%
The stock has a market cap of $31.43 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. The firm’s 50-day moving average is $159.35 and its two-hundred day moving average is $153.20.
Institutional Investors Weigh In On iShares MSCI ACWI ETF
Large investors have recently bought and sold shares of the company. Montecito Bank & Trust acquired a new stake in shares of iShares MSCI ACWI ETF in the third quarter worth approximately $1,519,000. SVB Wealth LLC increased its position in shares of iShares MSCI ACWI ETF by 5,624.9% during the second quarter. SVB Wealth LLC now owns 92,915 shares of the company’s stock worth $14,585,000 after purchasing an additional 91,292 shares in the last quarter. Readystate Asset Management LP purchased a new stake in shares of iShares MSCI ACWI ETF during the second quarter worth approximately $935,000. Angeles Wealth Management LLC acquired a new position in iShares MSCI ACWI ETF in the 2nd quarter valued at $2,089,000. Finally, BIP Wealth LLC raised its stake in iShares MSCI ACWI ETF by 11.6% in the 3rd quarter. BIP Wealth LLC now owns 165,508 shares of the company’s stock valued at $26,277,000 after purchasing an additional 17,179 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.
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.
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