Balentine LLC Trims Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Balentine LLC trimmed its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,382 shares of the company’s stock after selling 272 shares during the quarter. Balentine LLC’s holdings in iShares MSCI ACWI ETF were worth $643,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC grew its position in iShares MSCI ACWI ETF by 804.0% during the first quarter. Jane Street Group LLC now owns 8,834,809 shares of the company’s stock worth $972,978,000 after buying an additional 7,857,479 shares in the last quarter. Johns Hopkins University grew its holdings in shares of iShares MSCI ACWI ETF by 15.5% during the second quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock worth $667,154,000 after purchasing an additional 798,483 shares in the last quarter. P E Global LLC purchased a new position in shares of iShares MSCI ACWI ETF during the first quarter worth about $260,755,000. Sequoia Financial Advisors LLC increased its position in shares of iShares MSCI ACWI ETF by 2.3% in the third quarter. Sequoia Financial Advisors LLC now owns 1,265,639 shares of the company’s stock worth $151,307,000 after purchasing an additional 29,008 shares during the last quarter. Finally, Dimension Capital Management LLC raised its stake in iShares MSCI ACWI ETF by 1.8% in the second quarter. Dimension Capital Management LLC now owns 881,300 shares of the company’s stock valued at $99,059,000 after purchasing an additional 15,656 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $118.85 on Wednesday. The firm has a 50 day simple moving average of $117.88 and a two-hundred day simple moving average of $114.05. The stock has a market cap of $19.28 billion, a PE ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $93.09 and a one year high of $120.93.

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.