Alpha Cubed Investments LLC Cuts Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Alpha Cubed Investments LLC lowered its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,097 shares of the company’s stock after selling 115 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares MSCI ACWI ETF were worth $599,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ACWI. Janney Montgomery Scott LLC grew its stake in iShares MSCI ACWI ETF by 4.2% during the third quarter. Janney Montgomery Scott LLC now owns 12,087 shares of the company’s stock valued at $1,445,000 after acquiring an additional 485 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares MSCI ACWI ETF by 12.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 926,523 shares of the company’s stock valued at $110,766,000 after purchasing an additional 105,951 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of iShares MSCI ACWI ETF in the second quarter worth $204,000. Sanctuary Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the second quarter worth $797,000. Finally, Oppenheimer & Co. Inc. purchased a new position in iShares MSCI ACWI ETF during the third quarter worth about $351,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ:ACWI opened at $119.60 on Tuesday. iShares MSCI ACWI ETF has a one year low of $99.89 and a one year high of $123.58. The firm has a market capitalization of $19.52 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The company’s fifty day moving average price is $119.81 and its 200-day moving average price is $117.49.

iShares MSCI ACWI ETF Dividend Announcement

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

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.