Frank Rimerman Advisors LLC Lowers Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Frank Rimerman Advisors LLC lessened its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 44,053 shares of the company’s stock after selling 157 shares during the period. Frank Rimerman Advisors LLC’s holdings in iShares MSCI ACWI ETF were worth $5,176,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its position in shares of iShares MSCI ACWI ETF by 4.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 41,230 shares of the company’s stock worth $4,845,000 after purchasing an additional 1,682 shares during the period. Balboa Wealth Partners lifted its position in iShares MSCI ACWI ETF by 13.1% during the fourth quarter. Balboa Wealth Partners now owns 2,446 shares of the company’s stock valued at $287,000 after acquiring an additional 284 shares during the last quarter. Capasso Planning Partners LLC lifted its position in iShares MSCI ACWI ETF by 22.9% during the fourth quarter. Capasso Planning Partners LLC now owns 5,624 shares of the company’s stock valued at $661,000 after acquiring an additional 1,048 shares during the last quarter. PFG Advisors lifted its position in iShares MSCI ACWI ETF by 5.1% during the fourth quarter. PFG Advisors now owns 96,703 shares of the company’s stock valued at $11,363,000 after acquiring an additional 4,701 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in iShares MSCI ACWI ETF by 10.2% during the fourth quarter. HighTower Advisors LLC now owns 498,868 shares of the company’s stock valued at $58,617,000 after acquiring an additional 46,031 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 2.0 %

NASDAQ:ACWI opened at $117.45 on Friday. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15. The firm has a 50 day moving average of $120.28 and a 200 day moving average of $119.45. The stock has a market capitalization of $18.98 billion, a price-to-earnings ratio of 22.13 and a beta of 0.93.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently announced 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 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.