Flputnam Investment Management Co. Reduces Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Flputnam Investment Management Co. decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 3.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,179 shares of the company’s stock after selling 108 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares MSCI ACWI ETF were worth $374,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Cherrydale Wealth Management LLC grew its stake in shares of iShares MSCI ACWI ETF by 0.9% in the fourth quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock worth $1,231,000 after purchasing an additional 94 shares during the last quarter. Merit Financial Group LLC lifted its holdings in iShares MSCI ACWI ETF by 1.5% in the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock worth $886,000 after buying an additional 112 shares during the period. Sapient Capital LLC grew its position in shares of iShares MSCI ACWI ETF by 4.9% in the 4th quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock worth $304,000 after buying an additional 121 shares during the last quarter. Ballew Advisors Inc increased its stake in shares of iShares MSCI ACWI ETF by 2.2% during the fourth quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock valued at $700,000 after buying an additional 128 shares during the period. Finally, Bellwether Advisors LLC raised its holdings in shares of iShares MSCI ACWI ETF by 3.2% during the third quarter. Bellwether Advisors LLC now owns 5,139 shares of the company’s stock valued at $614,000 after acquiring an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 1.1 %

Shares of ACWI stock opened at $119.55 on Tuesday. The stock has a fifty day moving average of $120.45 and a 200 day moving average of $119.39. The firm has a market capitalization of $19.20 billion, a price-to-earnings ratio of 22.13 and a beta of 0.94. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15.

iShares MSCI ACWI ETF Dividend Announcement

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