GenTrust LLC Reduces Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

GenTrust LLC reduced its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,519 shares of the company’s stock after selling 266 shares during the period. GenTrust LLC’s holdings in iShares MSCI ACWI ETF were worth $899,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Financial Council LLC boosted its stake in iShares MSCI ACWI ETF by 2.2% during the 3rd quarter. Financial Council LLC now owns 39,571 shares of the company’s stock valued at $4,731,000 after acquiring an additional 852 shares during the last quarter. Citigroup Inc. lifted its position in shares of iShares MSCI ACWI ETF by 53.2% during the third quarter. Citigroup Inc. now owns 134,420 shares of the company’s stock worth $16,070,000 after purchasing an additional 46,675 shares during the last quarter. Citizens Financial Group Inc. RI grew its stake in iShares MSCI ACWI ETF by 5.1% in the third quarter. Citizens Financial Group Inc. RI now owns 12,531 shares of the company’s stock worth $1,498,000 after purchasing an additional 611 shares in the last quarter. Bellwether Advisors LLC increased its holdings in iShares MSCI ACWI ETF by 3.2% in the third quarter. Bellwether Advisors LLC now owns 5,139 shares of the company’s stock valued at $614,000 after buying an additional 161 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in iShares MSCI ACWI ETF by 2.0% during the third quarter. Jennison Associates LLC now owns 56,798 shares of the company’s stock valued at $6,790,000 after buying an additional 1,106 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.4 %

Shares of ACWI opened at $120.44 on Friday. iShares MSCI ACWI ETF has a 52 week low of $97.42 and a 52 week high of $121.86. The firm has a market cap of $19.54 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The stock has a 50 day moving average of $119.14 and a 200-day moving average of $115.06.

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.