Lee Danner & Bass Inc. Trims Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Lee Danner & Bass Inc. cut its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,922 shares of the company’s stock after selling 950 shares during the period. Lee Danner & Bass Inc.’s holdings in iShares MSCI ACWI ETF were worth $461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of iShares MSCI ACWI ETF by 33.5% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock worth $281,744,000 after purchasing an additional 601,720 shares in the last quarter. P E Global LLC increased its stake in shares of iShares MSCI ACWI ETF by 5.4% in the fourth quarter. P E Global LLC now owns 2,229,221 shares of the company’s stock worth $261,933,000 after purchasing an additional 114,345 shares in the last quarter. Allianz Asset Management GmbH grew its stake in iShares MSCI ACWI ETF by 12.5% during the fourth quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock valued at $203,130,000 after acquiring an additional 192,070 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares MSCI ACWI ETF by 7.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,384,804 shares of the company’s stock valued at $162,715,000 after acquiring an additional 94,541 shares in the last quarter. Finally, Granger Management LLC grew its stake in iShares MSCI ACWI ETF by 252.2% during the fourth quarter. Granger Management LLC now owns 1,339,321 shares of the company’s stock valued at $157,370,000 after acquiring an additional 959,000 shares in the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

ACWI opened at $117.98 on Friday. The stock has a market capitalization of $19.07 billion, a price-to-earnings ratio of 21.22 and a beta of 0.93. The company has a fifty day moving average of $120.31 and a 200 day moving average of $119.50. iShares MSCI ACWI ETF has a fifty-two week low of $104.29 and a fifty-two week high of $124.15.

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.