MML Investors Services LLC Reduces Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

MML Investors Services LLC decreased its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,434 shares of the company’s stock after selling 388 shares during the period. MML Investors Services LLC’s holdings in iShares MSCI ACWI ETF were worth $1,606,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ACWI. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the second quarter valued at approximately $39,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at approximately $67,000. Quent Capital LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 19.9% in the third quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after purchasing an additional 139 shares during the period. Peterson Financial Group Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the third quarter valued at approximately $129,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares MSCI ACWI ETF by 54.2% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,101 shares of the company’s stock valued at $132,000 after purchasing an additional 387 shares during the period. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ ACWI opened at $120.78 on Wednesday. The firm has a market capitalization of $19.59 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 52-week low of $99.26 and a 52-week high of $123.58. The stock has a 50 day moving average price of $120.44 and a 200 day moving average price of $116.50.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 17th will be paid a $1.0662 dividend. The ex-dividend date is 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.