Corient Private Wealth LLC Cuts Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Corient Private Wealth LLC decreased its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 432,785 shares of the company’s stock after selling 70,992 shares during the period. Corient Private Wealth LLC owned approximately 0.27% of iShares MSCI ACWI ETF worth $47,305,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cherrydale Wealth Management LLC raised its position in iShares MSCI ACWI ETF by 0.9% during the fourth quarter. Cherrydale Wealth Management LLC now owns 10,475 shares of the company’s stock worth $1,231,000 after acquiring an additional 94 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of iShares MSCI ACWI ETF by 1.5% during the 4th quarter. Merit Financial Group LLC now owns 7,539 shares of the company’s stock worth $886,000 after purchasing an additional 112 shares during the period. Sapient Capital LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 4.9% during the fourth quarter. Sapient Capital LLC now owns 2,587 shares of the company’s stock worth $304,000 after purchasing an additional 121 shares during the last quarter. Ballew Advisors Inc grew its position in shares of iShares MSCI ACWI ETF by 2.2% in the fourth quarter. Ballew Advisors Inc now owns 6,016 shares of the company’s stock valued at $700,000 after purchasing an additional 128 shares during the period. Finally, Bellwether Advisors LLC increased its stake in iShares MSCI ACWI ETF by 3.2% in the third quarter. Bellwether Advisors LLC now owns 5,139 shares of the company’s stock valued at $614,000 after purchasing an additional 161 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $118.62 on Tuesday. The company has a market cap of $19.17 billion, a price-to-earnings ratio of 22.13 and a beta of 0.93. The firm has a 50 day moving average price of $120.27 and a 200 day moving average price of $119.51. iShares MSCI ACWI ETF has a 1 year low of $104.29 and a 1 year high of $124.15.

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.