Allianz Asset Management GmbH Reduces Stock Position in iShares MSCI ACWI ETF $ACWI

Allianz Asset Management GmbH cut its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 21.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,386,120 shares of the company’s stock after selling 373,970 shares during the quarter. Allianz Asset Management GmbH owned about 0.80% of iShares MSCI ACWI ETF worth $178,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in ACWI. Rosenberg Matthew Hamilton bought a new position in shares of iShares MSCI ACWI ETF during the 2nd quarter valued at $101,000. Equitable Trust Co. lifted its position in shares of iShares MSCI ACWI ETF by 34.8% in the 2nd quarter. Equitable Trust Co. now owns 177,192 shares of the company’s stock worth $22,787,000 after purchasing an additional 45,788 shares during the period. CKW Financial Group lifted its position in shares of iShares MSCI ACWI ETF by 6.7% in the 2nd quarter. CKW Financial Group now owns 22,070 shares of the company’s stock worth $2,837,000 after purchasing an additional 1,391 shares during the period. Naviter Wealth LLC lifted its position in iShares MSCI ACWI ETF by 78.7% during the 2nd quarter. Naviter Wealth LLC now owns 276,103 shares of the company’s stock valued at $35,507,000 after acquiring an additional 121,562 shares during the period. Finally, Moran Wealth Management LLC lifted its position in iShares MSCI ACWI ETF by 337.6% during the 2nd quarter. Moran Wealth Management LLC now owns 9,250 shares of the company’s stock valued at $1,190,000 after acquiring an additional 7,136 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ ACWI opened at $138.56 on Thursday. The stock has a market cap of $22.89 billion, a P/E ratio of 20.91 and a beta of 0.93. The firm has a 50-day moving average of $135.64 and a 200 day moving average of $127.00. iShares MSCI ACWI ETF has a 1 year low of $101.25 and a 1 year high of $140.24.

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.