Naviter Wealth LLC Sells 87,447 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Naviter Wealth LLC lowered its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 55.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 69,707 shares of the company’s stock after selling 87,447 shares during the period. iShares MSCI ACWI ETF accounts for approximately 1.3% of Naviter Wealth LLC’s portfolio, making the stock its 15th largest position. Naviter Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $7,677,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. SteelPeak Wealth LLC lifted its position in shares of iShares MSCI ACWI ETF by 431.3% in the 1st quarter. SteelPeak Wealth LLC now owns 42,385 shares of the company’s stock worth $4,668,000 after purchasing an additional 34,408 shares during the period. Atwater Malick LLC lifted its position in shares of iShares MSCI ACWI ETF by 5.9% during the 1st quarter. Atwater Malick LLC now owns 42,221 shares of the company’s stock valued at $4,650,000 after acquiring an additional 2,345 shares during the period. Sandbox Financial Partners LLC lifted its position in shares of iShares MSCI ACWI ETF by 0.9% during the 1st quarter. Sandbox Financial Partners LLC now owns 41,218 shares of the company’s stock valued at $4,539,000 after acquiring an additional 380 shares during the period. Atlas Capital Advisors LLC lifted its position in shares of iShares MSCI ACWI ETF by 38.8% during the 1st quarter. Atlas Capital Advisors LLC now owns 7,574 shares of the company’s stock valued at $834,000 after acquiring an additional 2,118 shares during the period. Finally, Financial Enhancement Group LLC lifted its position in shares of iShares MSCI ACWI ETF by 1.8% during the 1st quarter. Financial Enhancement Group LLC now owns 51,724 shares of the company’s stock valued at $5,551,000 after acquiring an additional 910 shares during the period. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of iShares MSCI ACWI ETF stock traded up $0.60 during trading on Tuesday, reaching $113.19. 1,169,357 shares of the company traded hands, compared to its average volume of 3,479,936. iShares MSCI ACWI ETF has a 1-year low of $88.33 and a 1-year high of $113.32. The company has a 50 day moving average price of $110.91 and a 200-day moving average price of $107.14. The firm has a market capitalization of $18.90 billion, a PE ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given a dividend of $0.9354 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

iShares MSCI ACWI ETF 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.