OVERSEA CHINESE BANKING Corp Ltd cut its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report) by 51.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 491,054 shares of the company’s stock after selling 525,500 shares during the period. iShares MSCI ACWI ETF makes up about 1.8% of OVERSEA CHINESE BANKING Corp Ltd’s portfolio, making the stock its 12th largest holding. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI ACWI ETF were worth $69,479,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of ACWI. Quent Capital LLC bought a new position in iShares MSCI ACWI ETF in the third quarter worth about $25,000. Triumph Capital Management acquired a new position in iShares MSCI ACWI ETF in the third quarter valued at approximately $27,000. Westfuller Advisors LLC bought a new position in shares of iShares MSCI ACWI ETF during the third quarter valued at approximately $40,000. Atlantic Union Bankshares Corp grew its holdings in shares of iShares MSCI ACWI ETF by 1,025.0% during the third quarter. Atlantic Union Bankshares Corp now owns 675 shares of the company’s stock valued at $93,000 after purchasing an additional 615 shares during the last quarter. Finally, Sage Mountain Advisors LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $111,000. Institutional investors and hedge funds own 61.52% of the company’s stock.
iShares MSCI ACWI ETF Trading Down 1.1%
Shares of NASDAQ ACWI opened at $148.74 on Wednesday. The company has a market cap of $30.55 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12-month low of $110.78 and a 12-month high of $151.42. The stock’s 50 day simple moving average is $143.46 and its 200 day simple moving average is $142.42.
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.
Further Reading
Want to see what other hedge funds are holding ACWI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI ACWI ETF (NASDAQ:ACWI – Free Report).
Receive News & Ratings for iShares MSCI ACWI ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI ACWI ETF and related companies with MarketBeat.com's FREE daily email newsletter.
