iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Sold by Veritable L.P.

Veritable L.P. decreased its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 13.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 10,720 shares of the company’s stock after selling 1,662 shares during the quarter. Veritable L.P.’s holdings in iShares MSCI ACWI ETF were worth $1,028,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ACWI. Sheets Smith Wealth Management grew its holdings in iShares MSCI ACWI ETF by 4.6% during the 2nd quarter. Sheets Smith Wealth Management now owns 6,797 shares of the company’s stock worth $652,000 after acquiring an additional 296 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in iShares MSCI ACWI ETF by 26.0% in the second quarter. Sequoia Financial Advisors LLC now owns 1,022,090 shares of the company’s stock worth $98,059,000 after purchasing an additional 210,944 shares in the last quarter. Lee Financial Co increased its holdings in iShares MSCI ACWI ETF by 7.8% in the second quarter. Lee Financial Co now owns 35,088 shares of the company’s stock valued at $3,366,000 after buying an additional 2,540 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC raised its stake in iShares MSCI ACWI ETF by 0.6% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 33,788 shares of the company’s stock valued at $3,242,000 after buying an additional 197 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in iShares MSCI ACWI ETF by 8.8% during the 2nd quarter. Prospera Financial Services Inc now owns 3,879 shares of the company’s stock worth $372,000 after buying an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 52.79% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.1 %

Shares of NASDAQ ACWI opened at $96.52 on Friday. The company has a market capitalization of $17.91 billion, a price-to-earnings ratio of 15.44 and a beta of 0.93. iShares MSCI ACWI ETF has a twelve month low of $83.59 and a twelve month high of $99.53. The business has a 50 day simple moving average of $93.09 and a 200-day simple moving average of $94.37.

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.