Bessemer Group Inc. Trims Position in iShares MSCI ACWI ETF $ACWI

Bessemer Group Inc. trimmed its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 28.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 514,494 shares of the company’s stock after selling 203,429 shares during the period. Bessemer Group Inc. owned 0.25% of iShares MSCI ACWI ETF worth $71,191,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Triumph Capital Management bought a new position in shares of iShares MSCI ACWI ETF in the third quarter worth about $27,000. Godfrey Financial Associates Inc. purchased a new position in iShares MSCI ACWI ETF in the 4th quarter worth approximately $27,000. Smith & Howard Wealth Management LLC purchased a new position in iShares MSCI ACWI ETF in the 4th quarter worth approximately $31,000. Root Financial Partners LLC boosted its stake in 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 period. Finally, Karpus Management Inc. bought a new position in iShares MSCI ACWI ETF in the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $155.00 on Friday. The stock has a market cap of $32.80 billion, a P/E ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 1 year low of $127.77 and a 1 year high of $160.03. The firm’s 50 day moving average price is $156.27 and its 200-day moving average price is $148.84.

iShares MSCI ACWI ETF Announces Dividend

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

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.