Cresset Asset Management LLC Decreases Stock Holdings in iShares MSCI ACWI ETF $ACWI

Cresset Asset Management LLC reduced its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 8.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 153,437 shares of the company’s stock after selling 14,865 shares during the quarter. Cresset Asset Management LLC’s holdings in iShares MSCI ACWI ETF were worth $21,211,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Koshinski Asset Management Inc. increased its position in shares of iShares MSCI ACWI ETF by 3.7% in the third quarter. Koshinski Asset Management Inc. now owns 2,260 shares of the company’s stock valued at $312,000 after acquiring an additional 80 shares during the period. Sowell Financial Services LLC grew its stake in shares of iShares MSCI ACWI ETF by 1.9% in the third quarter. Sowell Financial Services LLC now owns 4,700 shares of the company’s stock worth $650,000 after purchasing an additional 86 shares during the last quarter. Strategic Blueprint LLC increased its holdings in iShares MSCI ACWI ETF by 0.5% during the 3rd quarter. Strategic Blueprint LLC now owns 16,693 shares of the company’s stock valued at $2,308,000 after purchasing an additional 86 shares during the period. Americana Partners LLC raised its position in iShares MSCI ACWI ETF by 2.1% during the 3rd quarter. Americana Partners LLC now owns 4,264 shares of the company’s stock valued at $589,000 after purchasing an additional 88 shares during the last quarter. Finally, TFO Wealth Partners LLC lifted its holdings in iShares MSCI ACWI ETF by 0.8% in the 2nd quarter. TFO Wealth Partners LLC now owns 11,616 shares of the company’s stock worth $1,494,000 after buying an additional 89 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $145.00 on Thursday. iShares MSCI ACWI ETF has a fifty-two week low of $101.25 and a fifty-two week high of $148.75. The firm has a market cap of $26.83 billion, a P/E ratio of 20.91 and a beta of 0.93. The business’s 50 day moving average price is $145.20 and its 200-day moving average price is $140.85.

iShares MSCI ACWI ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $1.2353 per share. This represents a yield of 176.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.