Greenup Street Wealth Management LLC Lowers Stock Holdings in iShares MSCI ACWI ETF $ACWI

Greenup Street Wealth Management LLC reduced its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 32.8% during the 2nd quarter, Holdings Channel reports. The fund owned 2,160 shares of the company’s stock after selling 1,056 shares during the quarter. Greenup Street Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $278,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ACWI. Johnson Investment Counsel Inc. acquired a new stake in iShares MSCI ACWI ETF in the first quarter valued at $209,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares MSCI ACWI ETF by 0.9% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 22,558 shares of the company’s stock worth $2,626,000 after buying an additional 198 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of iShares MSCI ACWI ETF by 0.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 53,777 shares of the company’s stock worth $6,259,000 after buying an additional 149 shares during the last quarter. Financial Enhancement Group LLC boosted its holdings in iShares MSCI ACWI ETF by 0.3% in the 1st quarter. Financial Enhancement Group LLC now owns 54,079 shares of the company’s stock valued at $6,061,000 after purchasing an additional 188 shares in the last quarter. Finally, DORVAL Corp purchased a new stake in iShares MSCI ACWI ETF in the 1st quarter valued at approximately $203,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Up 1.0%

ACWI stock opened at $140.02 on Tuesday. The firm has a 50 day moving average of $136.08 and a 200-day moving average of $127.71. iShares MSCI ACWI ETF has a 12-month low of $101.25 and a 12-month high of $140.39. The company has a market cap of $23.13 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

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.