Modern Wealth Management LLC Sells 94 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Modern Wealth Management LLC trimmed its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,328 shares of the company’s stock after selling 94 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $285,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Synergy Investment Management LLC bought a new position in iShares MSCI ACWI ETF in the fourth quarter valued at approximately $35,000. Pacifica Partners Inc. bought a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at $40,000. Centerpoint Advisors LLC acquired a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth $54,000. Rialto Wealth Management LLC acquired a new stake in iShares MSCI ACWI ETF in the fourth quarter valued at about $59,000. Finally, Avior Wealth Management LLC grew its position in iShares MSCI ACWI ETF by 405.0% in the fourth quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after acquiring an additional 482 shares during the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Down 0.1 %

Shares of NASDAQ ACWI opened at $118.28 on Friday. The company has a market cap of $19.11 billion, a price-to-earnings ratio of 21.22 and a beta of 0.93. iShares MSCI ACWI ETF has a 12 month low of $104.29 and a 12 month high of $124.15. The stock has a 50-day moving average price of $120.43 and a two-hundred day moving average price of $119.65.

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.