New York Life Investment Management LLC Sells 1,577 Shares of iShares MSCI ACWI ETF $ACWI

New York Life Investment Management LLC lessened its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 28.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,981 shares of the company’s stock after selling 1,577 shares during the period. New York Life Investment Management LLC’s holdings in iShares MSCI ACWI ETF were worth $512,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in shares of iShares MSCI ACWI ETF in the first quarter worth $349,000. Rossby Financial LCC bought a new stake in iShares MSCI ACWI ETF during the first quarter worth about $39,000. World Investment Advisors grew its stake in iShares MSCI ACWI ETF by 2.0% during the first quarter. World Investment Advisors now owns 23,007 shares of the company’s stock worth $2,678,000 after buying an additional 447 shares in the last quarter. Drake & Associates LLC grew its stake in iShares MSCI ACWI ETF by 2.3% during the first quarter. Drake & Associates LLC now owns 175,762 shares of the company’s stock worth $20,457,000 after buying an additional 4,022 shares in the last quarter. Finally, Rector Church Wardens & Vestrymen of Trinity Church in the City of New York bought a new position in iShares MSCI ACWI ETF in the 1st quarter valued at about $179,665,000. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Trading Up 0.2%

Shares of NASDAQ:ACWI opened at $141.41 on Monday. The firm has a 50 day moving average of $137.51 and a 200-day moving average of $129.84. iShares MSCI ACWI ETF has a 12 month low of $101.25 and a 12 month high of $143.04. The stock has a market capitalization of $23.50 billion, a PE ratio of 20.91 and a beta of 0.93.

About iShares MSCI ACWI ETF

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.