Mill Creek Capital Advisors LLC Cuts Holdings in iShares MSCI ACWI ETF $ACWI

Mill Creek Capital Advisors LLC trimmed its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 417,884 shares of the company’s stock after selling 18,650 shares during the quarter. iShares MSCI ACWI ETF makes up approximately 1.2% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Mill Creek Capital Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $59,126,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ACWI. NewEdge Advisors LLC increased its holdings in iShares MSCI ACWI ETF by 16.9% during the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after buying an additional 1,585 shares during the period. Jones Financial Companies Lllp increased its holdings in iShares MSCI ACWI ETF by 101.0% during the first quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after buying an additional 2,365 shares during the period. Russell Investments Group Ltd. purchased a new position in iShares MSCI ACWI ETF during the second quarter valued at approximately $270,000. First Trust Advisors LP increased its holdings in iShares MSCI ACWI ETF by 66.1% during the second quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after buying an additional 2,125 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in iShares MSCI ACWI ETF by 333.3% during the second quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after buying an additional 38,569 shares during the period. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

NASDAQ ACWI opened at $156.47 on Monday. The firm’s fifty day simple moving average is $152.16 and its two-hundred day simple moving average is $146.26. iShares MSCI ACWI ETF has a 12-month low of $123.20 and a 12-month high of $160.03. The firm has a market capitalization of $32.36 billion, a P/E ratio of 20.91 and a beta of 0.92.

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.