Allianz Asset Management GmbH lowered its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 19.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,121,655 shares of the company’s stock after selling 264,465 shares during the period. Allianz Asset Management GmbH owned 0.67% of iShares MSCI ACWI ETF worth $155,058,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Quent Capital LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at about $25,000. Sagard Holdings Management Inc. bought a new position in iShares MSCI ACWI ETF in the second quarter worth about $32,000. Financial Gravity Companies Inc. purchased a new stake in iShares MSCI ACWI ETF in the second quarter worth about $33,000. Westfuller Advisors LLC bought a new stake in iShares MSCI ACWI ETF during the 3rd quarter valued at approximately $40,000. Finally, MTM Investment Management LLC purchased a new position in shares of iShares MSCI ACWI ETF during the 2nd quarter worth approximately $87,000. 61.52% of the stock is currently owned by institutional investors.
iShares MSCI ACWI ETF Stock Performance
Shares of NASDAQ:ACWI opened at $146.31 on Tuesday. The firm has a market capitalization of $26.92 billion, a P/E ratio of 20.91 and a beta of 0.93. The stock has a 50 day moving average price of $143.00 and a 200-day moving average price of $138.57. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $147.43.
iShares MSCI ACWI ETF Dividend Announcement
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.
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