Alhambra Investment Management LLC Has $577,000 Stake in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Alhambra Investment Management LLC reduced its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 54.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,909 shares of the company’s stock after selling 5,945 shares during the period. Alhambra Investment Management LLC’s holdings in iShares MSCI ACWI ETF were worth $577,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACWI. Pacifica Partners Inc. acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at about $40,000. MidAtlantic Capital Management Inc. acquired a new position in iShares MSCI ACWI ETF in the third quarter valued at approximately $67,000. ORG Wealth Partners LLC bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $83,000. TD Private Client Wealth LLC grew its position in shares of iShares MSCI ACWI ETF by 81.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock worth $95,000 after buying an additional 355 shares during the period. Finally, Quent Capital LLC increased its stake in shares of iShares MSCI ACWI ETF by 19.9% in the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after acquiring an additional 139 shares in the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Up 0.9 %

iShares MSCI ACWI ETF stock opened at $119.60 on Friday. The company has a market capitalization of $19.52 billion, a PE ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $99.89 and a 12-month high of $123.58. The firm’s fifty day moving average is $119.84 and its 200 day moving average is $117.40.

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 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.