iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Sold by National Bank of Canada FI

National Bank of Canada FI lowered its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 52.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 423,211 shares of the company’s stock after selling 468,795 shares during the quarter. National Bank of Canada FI’s holdings in iShares MSCI ACWI ETF were worth $49,727,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Franklin Resources Inc. grew its holdings in iShares MSCI ACWI ETF by 3.9% during the 4th quarter. Franklin Resources Inc. now owns 26,725 shares of the company’s stock worth $3,139,000 after acquiring an additional 992 shares in the last quarter. Summit Financial LLC bought a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $1,285,000. Alliancebernstein L.P. grew its stake in iShares MSCI ACWI ETF by 24.7% in the fourth quarter. Alliancebernstein L.P. now owns 514,539 shares of the company’s stock worth $60,458,000 after purchasing an additional 101,800 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in iShares MSCI ACWI ETF by 27.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 45,945 shares of the company’s stock valued at $5,399,000 after buying an additional 10,033 shares during the last quarter. Finally, Life Planning Partners Inc acquired a new stake in iShares MSCI ACWI ETF during the fourth quarter valued at approximately $2,678,000. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.4 %

Shares of ACWI opened at $116.80 on Wednesday. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15. The firm has a market cap of $18.87 billion, a price-to-earnings ratio of 21.22 and a beta of 0.93. The stock has a 50 day moving average of $120.21 and a 200-day moving average of $119.75.

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.