Phoenix Financial Ltd. Has $198.28 Million Stock Holdings in iShares MSCI ACWI ETF $ACWI

Phoenix Financial Ltd. lessened its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 56.9% in the 4th quarter, HoldingsChannel reports. The fund owned 1,401,338 shares of the company’s stock after selling 1,846,637 shares during the quarter. iShares MSCI ACWI ETF accounts for about 2.1% of Phoenix Financial Ltd.’s holdings, making the stock its 12th biggest holding. Phoenix Financial Ltd.’s holdings in iShares MSCI ACWI ETF were worth $198,275,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Mass General Brigham Inc acquired a new position in iShares MSCI ACWI ETF during the 4th quarter worth $652,828,000. Qalhat Capital Ltd increased its stake in shares of iShares MSCI ACWI ETF by 46.4% in the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after buying an additional 1,137,134 shares during the period. UBS Group AG raised its position in shares of iShares MSCI ACWI ETF by 55.3% during the fourth quarter. UBS Group AG now owns 1,216,046 shares of the company’s stock worth $172,058,000 after acquiring an additional 432,985 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares MSCI ACWI ETF by 255.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 483,180 shares of the company’s stock worth $68,365,000 after acquiring an additional 347,070 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in shares of iShares MSCI ACWI ETF by 73.1% during the third quarter. Assetmark Inc. now owns 788,333 shares of the company’s stock valued at $108,979,000 after acquiring an additional 332,908 shares during the period. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.5%

iShares MSCI ACWI ETF stock opened at $156.65 on Friday. The business’s 50-day simple moving average is $145.28 and its 200 day simple moving average is $143.87. The stock has a market cap of $32.40 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 $121.25 and a 12-month high of $156.98.

About iShares MSCI ACWI ETF

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.