Northwest Wealth Management LLC Decreases Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Northwest Wealth Management LLC cut its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 11.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,269 shares of the company’s stock after selling 295 shares during the quarter. Northwest Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $267,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its stake in iShares MSCI ACWI ETF by 4.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 41,230 shares of the company’s stock valued at $4,845,000 after buying an additional 1,682 shares during the last quarter. Balboa Wealth Partners raised its stake in iShares MSCI ACWI ETF by 13.1% in the fourth quarter. Balboa Wealth Partners now owns 2,446 shares of the company’s stock valued at $287,000 after buying an additional 284 shares during the last quarter. Capasso Planning Partners LLC raised its stake in iShares MSCI ACWI ETF by 22.9% in the fourth quarter. Capasso Planning Partners LLC now owns 5,624 shares of the company’s stock valued at $661,000 after buying an additional 1,048 shares during the last quarter. PFG Advisors raised its stake in iShares MSCI ACWI ETF by 5.1% in the fourth quarter. PFG Advisors now owns 96,703 shares of the company’s stock valued at $11,363,000 after buying an additional 4,701 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in iShares MSCI ACWI ETF by 10.2% in the fourth quarter. HighTower Advisors LLC now owns 498,868 shares of the company’s stock valued at $58,617,000 after buying an additional 46,031 shares during the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 1.1 %

Shares of NASDAQ:ACWI opened at $115.16 on Friday. iShares MSCI ACWI ETF has a 52-week low of $104.29 and a 52-week high of $124.15. The stock has a market cap of $18.61 billion, a price-to-earnings ratio of 22.13 and a beta of 0.93. The business has a 50-day moving average price of $120.30 and a 200-day moving average price of $119.44.

iShares MSCI ACWI ETF Announces Dividend

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