Moran Wealth Management LLC Reduces Stake in iShares MSCI ACWI ETF $ACWI

Moran Wealth Management LLC lessened its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 76.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,283 shares of the company’s stock after selling 53,270 shares during the period. Moran Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $2,253,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley grew its stake in shares of iShares MSCI ACWI ETF by 20.5% in the 4th quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock valued at $1,193,812,000 after buying an additional 1,438,226 shares during the period. Mass General Brigham Inc acquired a new stake in iShares MSCI ACWI ETF during the fourth quarter worth $652,828,000. Qalhat Capital Ltd raised its position in iShares MSCI ACWI ETF by 46.4% in the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after purchasing an additional 1,137,134 shares during the period. BNP Paribas Financial Markets raised its position in iShares MSCI ACWI ETF by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after purchasing an additional 1,911,879 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of iShares MSCI ACWI ETF by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,779,085 shares of the company’s stock valued at $251,723,000 after purchasing an additional 89,940 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $156.15 on Monday. The firm has a market cap of $33.04 billion, a PE ratio of 20.91 and a beta of 0.92. The company has a 50-day moving average of $155.29 and a two-hundred day moving average of $147.81. iShares MSCI ACWI ETF has a 1-year low of $127.77 and a 1-year high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

The firm 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.