Ifrah Financial Services Inc. Cuts Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Ifrah Financial Services Inc. lowered its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,461 shares of the company’s stock after selling 270 shares during the period. Ifrah Financial Services Inc.’s holdings in iShares MSCI ACWI ETF were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bailard Inc. bought a new stake in iShares MSCI ACWI ETF during the third quarter valued at about $595,000. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of iShares MSCI ACWI ETF by 41.7% in the 3rd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 23,064 shares of the company’s stock worth $2,130,000 after buying an additional 6,792 shares during the last quarter. Baystate Wealth Management LLC raised its stake in shares of iShares MSCI ACWI ETF by 12.5% during the 3rd quarter. Baystate Wealth Management LLC now owns 1,064 shares of the company’s stock worth $98,000 after acquiring an additional 118 shares in the last quarter. Waldron Private Wealth LLC lifted its position in iShares MSCI ACWI ETF by 1.3% during the third quarter. Waldron Private Wealth LLC now owns 191,868 shares of the company’s stock valued at $17,722,000 after acquiring an additional 2,462 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares MSCI ACWI ETF by 300.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 573,724 shares of the company’s stock valued at $52,995,000 after acquiring an additional 430,465 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 1.1 %

Shares of ACWI traded up $1.17 during midday trading on Friday, hitting $108.43. 3,358,947 shares of the company’s stock traded hands, compared to its average volume of 3,856,723. iShares MSCI ACWI ETF has a 1 year low of $88.33 and a 1 year high of $110.45. The firm’s fifty day moving average is $107.90 and its 200-day moving average is $102.21. The stock has a market capitalization of $18.24 billion, a price-to-earnings ratio of 19.12 and a beta of 0.93.

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.