Mill Creek Capital Advisors LLC Sells 5,932 Shares of iShares MSCI ACWI ETF $ACWI

Mill Creek Capital Advisors LLC cut its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.3% in the third quarter, HoldingsChannel.com reports. The fund owned 436,534 shares of the company’s stock after selling 5,932 shares during the period. iShares MSCI ACWI ETF makes up 1.2% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 15th largest position. Mill Creek Capital Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $60,346,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ACWI. Advisor OS LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 16.6% during the 3rd quarter. Advisor OS LLC now owns 34,960 shares of the company’s stock valued at $4,833,000 after purchasing an additional 4,981 shares in the last quarter. Total Clarity Wealth Management Inc. boosted its holdings in iShares MSCI ACWI ETF by 58.8% during the third quarter. Total Clarity Wealth Management Inc. now owns 4,050 shares of the company’s stock worth $560,000 after purchasing an additional 1,500 shares during the last quarter. AlphaCore Capital LLC bought a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at about $4,991,000. K.J. Harrison & Partners Inc grew its stake in iShares MSCI ACWI ETF by 7.1% in the third quarter. K.J. Harrison & Partners Inc now owns 4,135 shares of the company’s stock valued at $576,000 after purchasing an additional 275 shares in the last quarter. Finally, Aries Wealth Management increased its holdings in iShares MSCI ACWI ETF by 1.5% during the third quarter. Aries Wealth Management now owns 21,382 shares of the company’s stock worth $2,956,000 after buying an additional 308 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $147.95 on Friday. The firm’s 50-day moving average is $144.90 and its 200-day moving average is $140.44. The stock has a market cap of $27.37 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $148.75.

iShares MSCI ACWI ETF Dividend Announcement

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

iShares MSCI ACWI ETF Company 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.