Prudential PLC Reduces Stock Position in iShares MSCI ACWI ETF $ACWI

Prudential PLC lowered its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,100,504 shares of the company’s stock after selling 42,798 shares during the period. iShares MSCI ACWI ETF accounts for approximately 1.2% of Prudential PLC’s portfolio, making the stock its 13th largest holding. Prudential PLC’s holdings in iShares MSCI ACWI ETF were worth $155,710,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ACWI. NewEdge Advisors LLC lifted its position in shares of iShares MSCI ACWI ETF by 16.9% during the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock worth $1,275,000 after acquiring an additional 1,585 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares MSCI ACWI ETF by 101.0% during the first quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock valued at $548,000 after buying an additional 2,365 shares during the period. Russell Investments Group Ltd. bought a new stake in iShares MSCI ACWI ETF during the second quarter valued at $270,000. First Trust Advisors LP grew its position in iShares MSCI ACWI ETF by 66.1% during the second quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock worth $687,000 after buying an additional 2,125 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in iShares MSCI ACWI ETF by 333.3% during the second quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock worth $6,448,000 after buying an additional 38,569 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.3%

iShares MSCI ACWI ETF stock opened at $159.13 on Friday. iShares MSCI ACWI ETF has a 52 week low of $123.20 and a 52 week high of $160.03. The business has a 50-day simple moving average of $150.04 and a 200 day simple moving average of $145.53. The stock has a market cap of $32.91 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92.

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.