HB Wealth Management LLC Has $11.86 Million Stock Holdings in iShares MSCI ACWI ETF $ACWI

HB Wealth Management LLC trimmed its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 5.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,709 shares of the company’s stock after selling 5,274 shares during the period. HB Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $11,860,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in shares of iShares MSCI ACWI ETF by 16.9% in the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,585 shares in the last quarter. Jones Financial Companies Lllp boosted its stake 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 worth $548,000 after buying an additional 2,365 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in iShares MSCI ACWI ETF during the second quarter worth $270,000. First Trust Advisors LP boosted its stake 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 worth $687,000 after buying an additional 2,125 shares in the last quarter. Finally, Quantinno Capital Management LP increased its holdings in iShares MSCI ACWI ETF by 333.3% in the 2nd 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. 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 $156.15 on Friday. iShares MSCI ACWI ETF has a 52-week low of $127.77 and a 52-week high of $160.03. The stock has a market cap of $32.64 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The firm has a fifty day moving average of $155.29 and a 200-day moving average of $147.77.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.