Morris Financial Concepts Inc. Has $28,000 Stake in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Morris Financial Concepts Inc. decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 31.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 235 shares of the company’s stock after selling 106 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares MSCI ACWI ETF were worth $28,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ACWI. Granger Management LLC lifted its holdings in iShares MSCI ACWI ETF by 252.2% in the fourth quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after buying an additional 959,000 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in iShares MSCI ACWI ETF by 16,345.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after buying an additional 910,603 shares during the period. DRW Securities LLC raised its holdings in shares of iShares MSCI ACWI ETF by 842.9% during the third quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after purchasing an additional 316,256 shares during the period. Union Bancaire Privee UBP SA acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $18,093,000. Finally, FMR LLC raised its holdings in shares of iShares MSCI ACWI ETF by 98.3% during the third quarter. FMR LLC now owns 281,784 shares of the company’s stock valued at $33,687,000 after purchasing an additional 139,701 shares during the period. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Down 0.1 %

Shares of NASDAQ ACWI opened at $122.22 on Thursday. The firm’s 50-day moving average price is $120.14 and its 200-day moving average price is $118.28. iShares MSCI ACWI ETF has a 1-year low of $102.89 and a 1-year high of $123.58. The firm has a market capitalization of $19.75 billion, a P/E ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date was Tuesday, December 17th.

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.