Capital Research Global Investors Sells 13,842 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Capital Research Global Investors lessened its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 58.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 10,040 shares of the company’s stock after selling 13,842 shares during the period. Capital Research Global Investors’ holdings in iShares MSCI ACWI ETF were worth $1,106,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. SouthState Corp purchased a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at $30,000. Joseph Group Capital Management grew its position in shares of iShares MSCI ACWI ETF by 324.6% during the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock worth $30,000 after buying an additional 224 shares in the last quarter. Principal Securities Inc. bought a new position in iShares MSCI ACWI ETF during the 4th quarter worth about $31,000. Vima LLC purchased a new position in iShares MSCI ACWI ETF during the 4th quarter valued at about $42,000. Finally, DiNuzzo Private Wealth Inc. bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $45,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI opened at $112.77 on Friday. The company has a 50 day moving average price of $112.88 and a 200-day moving average price of $108.77. iShares MSCI ACWI ETF has a fifty-two week low of $88.33 and a fifty-two week high of $116.81. The stock has a market capitalization of $18.61 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.9354 per share. The ex-dividend date was Tuesday, June 11th.

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.