iShares MSCI ACWI ETF $ACWI Holdings Trimmed by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. cut its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWIFree Report) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 649,002 shares of the company’s stock after selling 61,693 shares during the quarter. iShares MSCI ACWI ETF makes up about 4.5% of Lowe Brockenbrough & Co. Inc.’s holdings, making the stock its 2nd biggest position. Lowe Brockenbrough & Co. Inc. owned approximately 0.35% of iShares MSCI ACWI ETF worth $91,827,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ACWI. Mass General Brigham Inc bought a new stake in iShares MSCI ACWI ETF in the fourth quarter worth about $652,828,000. Qalhat Capital Ltd boosted its stake in iShares MSCI ACWI ETF by 46.4% in the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after acquiring an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in iShares MSCI ACWI ETF by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after acquiring an additional 1,911,879 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares MSCI ACWI ETF by 0.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,386,990 shares of the company’s stock valued at $196,245,000 after acquiring an additional 12,647 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in iShares MSCI ACWI ETF by 10.4% in the third quarter. JPMorgan Chase & Co. now owns 1,300,844 shares of the company’s stock valued at $179,829,000 after acquiring an additional 122,558 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 3.0%

ACWI opened at $154.39 on Friday. The stock has a market cap of $31.93 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a twelve month low of $123.20 and a twelve month high of $160.03. The company’s 50-day moving average price is $150.34 and its two-hundred day moving average price is $145.59.

iShares MSCI ACWI ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares MSCI ACWI ETF (NASDAQ:ACWI)

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