Sand Hill Global Advisors LLC Sells 5,353 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Sand Hill Global Advisors LLC cut its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 12.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 39,045 shares of the company’s stock after selling 5,353 shares during the period. Sand Hill Global Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $3,974,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Wealthfront Advisers LLC raised its holdings in shares of iShares MSCI ACWI ETF by 22.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 5,392 shares of the company’s stock worth $498,000 after buying an additional 971 shares in the last quarter. US Bancorp DE increased its position in shares of iShares MSCI ACWI ETF by 33.5% during the 3rd quarter. US Bancorp DE now owns 265,262 shares of the company’s stock worth $24,502,000 after purchasing an additional 66,550 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in iShares MSCI ACWI ETF by 41.5% during the 3rd quarter. Corient Private Wealth LLC now owns 744,325 shares of the company’s stock valued at $68,753,000 after purchasing an additional 218,177 shares during the last quarter. Winthrop Advisory Group LLC boosted its position in iShares MSCI ACWI ETF by 9.0% in the third quarter. Winthrop Advisory Group LLC now owns 3,759 shares of the company’s stock valued at $347,000 after buying an additional 311 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in iShares MSCI ACWI ETF during the third quarter worth about $894,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI traded down $0.53 on Wednesday, hitting $111.72. The company’s stock had a trading volume of 2,050,953 shares, compared to its average volume of 3,577,671. The company has a market capitalization of $18.66 billion, a PE ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $112.49. The company has a 50 day moving average price of $108.73 and a 200 day moving average price of $104.05.

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.