Bank of New York Mellon Corp Sells 34,064 Shares of iShares MSCI ACWI ETF $ACWI

Bank of New York Mellon Corp reduced its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 8.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 372,021 shares of the company’s stock after selling 34,064 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI ACWI ETF were worth $51,476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. NewEdge Advisors LLC increased its position 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 worth $1,275,000 after purchasing an additional 1,585 shares during the period. Jones Financial Companies Lllp lifted its position 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 purchasing an additional 2,365 shares during the period. Russell Investments Group Ltd. acquired a new stake in iShares MSCI ACWI ETF during the second quarter worth about $270,000. First Trust Advisors LP grew 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 lifted its holdings in shares of iShares MSCI ACWI ETF by 333.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock worth $6,448,000 after acquiring 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 Price Performance

Shares of ACWI opened at $154.34 on Friday. The firm has a 50 day simple moving average of $156.24 and a two-hundred day simple moving average of $149.26. iShares MSCI ACWI ETF has a one year low of $127.77 and a one year high of $160.03. The company has a market cap of $32.66 billion, a P/E ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $1.0097 per share. 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.