Element Wealth LLC Sells 178 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Element Wealth LLC cut its holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 36.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 306 shares of the company’s stock after selling 178 shares during the period. Element Wealth LLC’s holdings in iShares MSCI ACWI ETF were worth $37,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Signaturefd LLC boosted its stake in iShares MSCI ACWI ETF by 0.3% during the 3rd quarter. Signaturefd LLC now owns 27,224 shares of the company’s stock valued at $3,255,000 after purchasing an additional 86 shares during the last quarter. Cherrydale Wealth Management LLC raised its holdings in shares of iShares MSCI ACWI ETF by 0.8% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock worth $1,167,000 after purchasing an additional 87 shares during the period. HB Wealth Management LLC raised its holdings in shares of iShares MSCI ACWI ETF by 0.5% in the 1st quarter. HB Wealth Management LLC now owns 21,072 shares of the company’s stock worth $2,321,000 after purchasing an additional 104 shares during the period. Ameritas Advisory Services LLC raised its holdings in shares of iShares MSCI ACWI ETF by 0.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,728 shares of the company’s stock worth $2,442,000 after purchasing an additional 122 shares during the period. Finally, Quent Capital LLC raised its holdings in iShares MSCI ACWI ETF by 19.9% during 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 during the period. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock opened at $119.03 on Friday. The stock has a market capitalization of $19.31 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $88.33 and a 1 year high of $120.93. The company’s fifty day simple moving average is $117.49 and its two-hundred day simple moving average is $113.32.

iShares MSCI ACWI ETF 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.