Hackensack Meridian Health Inc. Lowers Holdings in iShares MSCI ACWI ETF $ACWI

Hackensack Meridian Health Inc. decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 79.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 85,000 shares of the company’s stock after selling 337,000 shares during the quarter. iShares MSCI ACWI ETF accounts for approximately 1.1% of Hackensack Meridian Health Inc.’s holdings, making the stock its 7th biggest holding. Hackensack Meridian Health Inc.’s holdings in iShares MSCI ACWI ETF were worth $12,027,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ACWI. Triumph Capital Management bought a new stake in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $27,000. Godfrey Financial Associates Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $27,000. Smith & Howard Wealth Management LLC bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $31,000. Root Financial Partners LLC grew its holdings in shares of iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Rakuten Securities Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $71,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

ACWI opened at $158.65 on Thursday. The firm’s 50-day simple moving average is $149.61 and its 200-day simple moving average is $145.40. iShares MSCI ACWI ETF has a twelve month low of $123.20 and a twelve month high of $160.03. The firm has a market cap of $32.81 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

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.