Wilbanks Smith & Thomas Asset Management LLC Cuts Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Wilbanks Smith & Thomas Asset Management LLC cut its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,745 shares of the company’s stock after selling 180 shares during the quarter. Wilbanks Smith & Thomas Asset Management LLC’s holdings in iShares MSCI ACWI ETF were worth $3,434,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Sound Income Strategies LLC bought a new stake in iShares MSCI ACWI ETF during the 4th quarter valued at $40,000. DiNuzzo Private Wealth Inc. purchased a new stake in iShares MSCI ACWI ETF in the fourth quarter worth about $45,000. MayTech Global Investments LLC bought a new stake in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $41,000. Anchor Investment Management LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at $47,000. Finally, McGlone Suttner Wealth Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $54,000. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI traded up $0.50 during trading hours on Thursday, reaching $106.44. 474,916 shares of the company’s stock traded hands, compared to its average volume of 3,841,583. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $110.45. The firm has a 50-day simple moving average of $107.86 and a 200 day simple moving average of $102.07. The firm has a market cap of $17.90 billion, a PE ratio of 19.12 and a beta of 0.93.

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.