Pathstone Holdings LLC Sells 14,549 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Pathstone Holdings LLC cut its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 297,241 shares of the company’s stock after selling 14,549 shares during the period. Pathstone Holdings LLC owned approximately 0.18% of iShares MSCI ACWI ETF worth $35,535,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ACWI. Common Fund For Nonprofit Organizations boosted its position in shares of iShares MSCI ACWI ETF by 3,307.0% during the third quarter. Common Fund For Nonprofit Organizations now owns 142,071 shares of the company’s stock valued at $16,985,000 after buying an additional 137,901 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI ACWI ETF during the 3rd quarter worth approximately $67,000. Peterson Financial Group Inc. purchased a new position in iShares MSCI ACWI ETF during the 3rd quarter valued at $129,000. NYL Investors LLC grew its position in iShares MSCI ACWI ETF by 1.9% in the 3rd quarter. NYL Investors LLC now owns 87,800 shares of the company’s stock valued at $10,496,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Balboa Wealth Partners purchased a new stake in iShares MSCI ACWI ETF in the third quarter worth $258,000. 61.52% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Trading Up 0.5 %

NASDAQ:ACWI opened at $119.23 on Tuesday. The stock has a fifty day simple moving average of $118.72 and a 200-day simple moving average of $114.83. The company has a market cap of $19.34 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a twelve month low of $96.89 and a twelve month high of $121.86.

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.