Bank Julius Baer & Co. Ltd Zurich Trims Stake in iShares MSCI ACWI ETF $ACWI

Bank Julius Baer & Co. Ltd Zurich lowered its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 99.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,256 shares of the company’s stock after selling 384,528 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares MSCI ACWI ETF were worth $178,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at $25,000. Triumph Capital Management purchased a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at $27,000. Smith & Howard Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $31,000. Westfuller Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at $40,000. Finally, Rakuten Securities Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $71,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

ACWI stock opened at $154.08 on Monday. The company has a market capitalization of $31.86 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12-month low of $121.25 and a 12-month high of $156.98. The business’s fifty day moving average price is $145.46 and its 200 day moving average price is $143.96.

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.