Bank of Montreal Can Has $46.96 Million Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Bank of Montreal Can lowered its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 24.4% in the third quarter, HoldingsChannel.com reports. The firm owned 392,807 shares of the company’s stock after selling 126,898 shares during the quarter. Bank of Montreal Can’s holdings in iShares MSCI ACWI ETF were worth $46,964,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Johns Hopkins University boosted its stake in iShares MSCI ACWI ETF by 15.5% in the second quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock valued at $667,154,000 after acquiring an additional 798,483 shares during the last quarter. Lee Johnson Capital Management LLC bought a new position in iShares MSCI ACWI ETF in the second quarter valued at approximately $38,335,000. DRW Securities LLC boosted its stake in iShares MSCI ACWI ETF by 842.9% in the third quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after acquiring an additional 316,256 shares during the last quarter. Bricktown Capital LLC boosted its stake in iShares MSCI ACWI ETF by 214.4% in the third quarter. Bricktown Capital LLC now owns 418,974 shares of the company’s stock valued at $50,088,000 after acquiring an additional 285,698 shares during the last quarter. Finally, Privium Fund Management UK Ltd boosted its stake in iShares MSCI ACWI ETF by 125.4% in the second quarter. Privium Fund Management UK Ltd now owns 380,140 shares of the company’s stock valued at $43,340,000 after acquiring an additional 211,500 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

Shares of ACWI stock opened at $120.95 on Thursday. iShares MSCI ACWI ETF has a 52-week low of $97.42 and a 52-week high of $121.86. The stock has a market cap of $19.62 billion, a PE ratio of 19.74 and a beta of 0.93. The firm’s 50 day moving average price is $119.50 and its two-hundred day moving average price is $115.41.

iShares MSCI ACWI ETF Company 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.