PAX Financial Group LLC Sells 3,697 Shares of iShares MSCI ACWI ETF $ACWI

PAX Financial Group LLC reduced its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 12.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,503 shares of the company’s stock after selling 3,697 shares during the period. PAX Financial Group LLC’s holdings in iShares MSCI ACWI ETF were worth $3,667,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ACWI. Morgan Stanley raised its position in iShares MSCI ACWI ETF by 20.5% in the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock valued at $1,193,812,000 after buying an additional 1,438,226 shares during the last quarter. Mass General Brigham Inc acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth approximately $652,828,000. Qalhat Capital Ltd boosted its position in iShares MSCI ACWI ETF by 46.4% during the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after acquiring an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of iShares MSCI ACWI ETF by 270.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after acquiring an additional 1,911,879 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of iShares MSCI ACWI ETF by 5.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock worth $251,723,000 after acquiring an additional 89,940 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $156.15 on Friday. iShares MSCI ACWI ETF has a 12-month low of $127.77 and a 12-month high of $160.03. The company has a market capitalization of $32.64 billion, a PE ratio of 20.91 and a beta of 0.92. The firm’s 50 day moving average is $155.29 and its 200-day moving average is $147.77.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.