Victory Capital Management Inc. Trims Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Victory Capital Management Inc. decreased its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 30.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 82,431 shares of the company’s stock after selling 35,794 shares during the quarter. Victory Capital Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $9,855,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ACWI. Aptus Capital Advisors LLC increased its position in iShares MSCI ACWI ETF by 4,514.8% during the third quarter. Aptus Capital Advisors LLC now owns 2,815 shares of the company’s stock worth $337,000 after purchasing an additional 2,754 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in iShares MSCI ACWI ETF by 1.5% during the third quarter. Prime Capital Investment Advisors LLC now owns 13,005 shares of the company’s stock worth $1,555,000 after purchasing an additional 195 shares during the last quarter. Baker Avenue Asset Management LP acquired a new position in iShares MSCI ACWI ETF during the third quarter worth approximately $270,000. GSG Advisors LLC acquired a new position in iShares MSCI ACWI ETF during the third quarter worth approximately $207,000. Finally, Financial Services Advisory Inc increased its position in iShares MSCI ACWI ETF by 318.0% during the third quarter. Financial Services Advisory Inc now owns 74,236 shares of the company’s stock worth $8,875,000 after purchasing an additional 56,477 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 0.4 %

iShares MSCI ACWI ETF stock opened at $120.01 on Friday. iShares MSCI ACWI ETF has a 52-week low of $97.32 and a 52-week high of $121.86. The firm has a fifty day moving average of $119.05 and a 200-day moving average of $115.03. The firm has a market capitalization of $19.47 billion, a P/E ratio of 19.74 and a beta of 0.93.

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.