SCS Capital Management LLC Decreases Position in iShares MSCI ACWI ETF $ACWI

SCS Capital Management LLC decreased its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11.1% during the 4th quarter, HoldingsChannel reports. The fund owned 38,749 shares of the company’s stock after selling 4,832 shares during the quarter. SCS Capital Management LLC’s holdings in iShares MSCI ACWI ETF were worth $5,483,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. NewEdge Advisors LLC raised its stake in iShares MSCI ACWI ETF by 16.9% during the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after buying an additional 1,585 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares MSCI ACWI ETF by 101.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after purchasing an additional 2,365 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of iShares MSCI ACWI ETF during the 2nd quarter worth approximately $270,000. First Trust Advisors LP grew its holdings in iShares MSCI ACWI ETF by 66.1% in the 2nd quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock worth $687,000 after buying an additional 2,125 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in iShares MSCI ACWI ETF by 333.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock worth $6,448,000 after buying an additional 38,569 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ ACWI opened at $159.10 on Tuesday. The stock has a fifty day moving average price of $148.77 and a two-hundred day moving average price of $145.15. The firm has a market cap of $32.90 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1 year low of $123.07 and a 1 year high of $159.67.

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.