iShares MSCI ACWI ETF $ACWI Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lowered its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,197,896 shares of the company’s stock after selling 48,518 shares during the period. iShares MSCI ACWI ETF accounts for 0.9% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Sequoia Financial Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $165,753,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Triumph Capital Management acquired a new stake in iShares MSCI ACWI ETF in the 3rd quarter valued at about $27,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter valued at about $27,000. Smith & Howard Wealth Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $31,000. Root Financial Partners LLC grew its stake in shares of iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Karpus Management Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $37,000. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Up 0.4%

Shares of NASDAQ ACWI traded up $0.66 during midday trading on Friday, reaching $157.68. The company’s stock had a trading volume of 2,306,163 shares, compared to its average volume of 4,720,543. iShares MSCI ACWI ETF has a one year low of $127.77 and a one year high of $160.03. The company has a market cap of $33.37 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The company has a 50 day moving average price of $156.01 and a 200 day moving average price of $148.36.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date was Monday, June 15th.

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.