Plan Group Financial LLC reduced its position in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,029 shares of the company’s stock after selling 3,403 shares during the period. iShares MSCI ACWI ETF comprises about 3.6% of Plan Group Financial LLC’s portfolio, making the stock its 3rd biggest holding. Plan Group Financial LLC’s holdings in iShares MSCI ACWI ETF were worth $13,729,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. purchased a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at about $5,644,000. Drake & Associates LLC grew its holdings in shares of iShares MSCI ACWI ETF by 11.5% in the third quarter. Drake & Associates LLC now owns 204,224 shares of the company’s stock valued at $28,706,000 after purchasing an additional 20,997 shares during the period. Commonwealth Equity Services LLC boosted its stake in iShares MSCI ACWI ETF by 11.9% during the third quarter. Commonwealth Equity Services LLC now owns 61,579 shares of the company’s stock worth $8,513,000 after buying an additional 6,538 shares during the period. Assetmark Inc. boosted its stake in iShares MSCI ACWI ETF by 73.1% during the third quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock worth $108,979,000 after buying an additional 332,908 shares during the period. Finally, Capital International Investors boosted its stake in iShares MSCI ACWI ETF by 9.3% during the third quarter. Capital International Investors now owns 192,008 shares of the company’s stock worth $26,436,000 after buying an additional 16,304 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Stock Up 2.0%
iShares MSCI ACWI ETF stock opened at $155.40 on Thursday. The firm has a market cap of $32.14 billion, a PE ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 52-week low of $117.82 and a 52-week high of $155.47. The company’s 50 day moving average is $144.27 and its two-hundred day moving average is $143.21.
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.
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