iShares MSCI ACWI ETF (NASDAQ:ACWI) Stock Price Break Below 200-Day Moving Average – Here’s What Happened

iShares MSCI ACWI ETF (NASDAQ:ACWI) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $153.20 and traded as low as $150.88. iShares MSCI ACWI ETF shares last traded at $152.00, with a volume of 6,642,309 shares trading hands.

iShares MSCI ACWI ETF Trading Down 0.0%

The stock has a market capitalization of $31.51 billion, a PE ratio of 20.91 and a beta of 0.93. The stock has a 50 day moving average price of $159.16 and a 200-day moving average price of $153.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ACWI. Columbus Macro LLC increased its position in shares of iShares MSCI ACWI ETF by 0.9% during the 3rd quarter. Columbus Macro LLC now owns 7,089 shares of the company’s stock valued at $1,126,000 after purchasing an additional 63 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its stake in shares of iShares MSCI ACWI ETF by 1.8% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 6,154 shares of the company’s stock worth $977,000 after purchasing an additional 108 shares during the period. Cidel Asset Management Inc. boosted its holdings in shares of iShares MSCI ACWI ETF by 4.2% in the second quarter. Cidel Asset Management Inc. now owns 2,861 shares of the company’s stock worth $449,000 after buying an additional 116 shares during the last quarter. Capasso Planning Partners LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 5.6% in the first quarter. Capasso Planning Partners LLC now owns 2,411 shares of the company’s stock worth $334,000 after buying an additional 128 shares during the last quarter. Finally, Frederick Financial Consultants LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 6.3% in the third quarter. Frederick Financial Consultants LLC now owns 2,238 shares of the company’s stock worth $355,000 after buying an additional 132 shares during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

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.