Sheets Smith Wealth Management Trims Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Sheets Smith Wealth Management trimmed its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,945 shares of the company’s stock after selling 156 shares during the period. Sheets Smith Wealth Management’s holdings in iShares MSCI ACWI ETF were worth $816,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ACWI. Nomura Asset Management Co. Ltd. lifted its position in shares of iShares MSCI ACWI ETF by 16,345.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock worth $109,529,000 after purchasing an additional 910,603 shares during the last quarter. DRW Securities LLC grew its position in shares of iShares MSCI ACWI ETF by 842.9% in the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock worth $42,294,000 after acquiring an additional 316,256 shares in the last quarter. Bricktown Capital LLC increased its holdings in shares of iShares MSCI ACWI ETF by 214.4% in the 3rd quarter. Bricktown Capital LLC now owns 418,974 shares of the company’s stock valued at $50,088,000 after acquiring an additional 285,698 shares during the last quarter. FMR LLC raised its position in shares of iShares MSCI ACWI ETF by 98.3% during the 3rd quarter. FMR LLC now owns 281,784 shares of the company’s stock valued at $33,687,000 after acquiring an additional 139,701 shares in the last quarter. Finally, Common Fund For Nonprofit Organizations lifted its stake in iShares MSCI ACWI ETF by 3,307.0% during the third quarter. Common Fund For Nonprofit Organizations now owns 142,071 shares of the company’s stock worth $16,985,000 after purchasing an additional 137,901 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $120.96 on Wednesday. iShares MSCI ACWI ETF has a 12 month low of $101.59 and a 12 month high of $123.58. The company has a fifty day moving average price of $119.81 and a two-hundred day moving average price of $117.49. The company has a market cap of $19.74 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

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.