Able Wealth Management LLC Has $7.44 Million Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Able Wealth Management LLC lessened its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,286 shares of the company’s stock after selling 1,263 shares during the period. iShares MSCI ACWI ETF comprises 4.9% of Able Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Able Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $7,436,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bryn Mawr Capital Management LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at $121,000. Private Advisor Group LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 4.5% during the 4th quarter. Private Advisor Group LLC now owns 58,782 shares of the company’s stock valued at $6,907,000 after acquiring an additional 2,534 shares during the last quarter. Beirne Wealth Consulting Services LLC grew its stake in shares of iShares MSCI ACWI ETF by 2.6% in the fourth quarter. Beirne Wealth Consulting Services LLC now owns 47,066 shares of the company’s stock worth $5,531,000 after acquiring an additional 1,209 shares during the period. Atlas Legacy Advisors LLC purchased a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at approximately $897,000. Finally, Bank of Jackson Hole Trust bought a new position in iShares MSCI ACWI ETF during the fourth quarter valued at approximately $582,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.1 %

Shares of ACWI stock opened at $123.98 on Thursday. iShares MSCI ACWI ETF has a 12-month low of $104.29 and a 12-month high of $124.15. The stock has a market capitalization of $20.04 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm’s 50 day moving average is $120.22 and its 200 day moving average is $118.71.

iShares MSCI ACWI ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.