Ifrah Financial Services Inc. Cuts Stock Position in iShares MSCI ACWI ETF $ACWI

Ifrah Financial Services Inc. lowered its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 12.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,570 shares of the company’s stock after selling 956 shares during the period. Ifrah Financial Services Inc.’s holdings in iShares MSCI ACWI ETF were worth $845,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Aspiriant LLC grew its stake in shares of iShares MSCI ACWI ETF by 2.1% in the 2nd quarter. Aspiriant LLC now owns 17,374 shares of the company’s stock worth $2,234,000 after buying an additional 350 shares during the last quarter. Koshinski Asset Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter worth approximately $280,000. Spreng Capital Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter worth approximately $282,000. Stratos Wealth Partners LTD. grew its stake in shares of iShares MSCI ACWI ETF by 22.5% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 11,145 shares of the company’s stock worth $1,433,000 after buying an additional 2,048 shares during the last quarter. Finally, Activest Wealth Management grew its stake in shares of iShares MSCI ACWI ETF by 39.1% in the 2nd quarter. Activest Wealth Management now owns 16,369 shares of the company’s stock worth $2,105,000 after buying an additional 4,604 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4%

iShares MSCI ACWI ETF stock opened at $138.63 on Friday. The company has a market capitalization of $22.90 billion, a P/E ratio of 20.91 and a beta of 0.93. The stock’s 50 day moving average is $135.91 and its 200 day moving average is $127.30. iShares MSCI ACWI ETF has a twelve month low of $101.25 and a twelve month high of $140.24.

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.