Planning Capital Management Corp Sells 3,602 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Planning Capital Management Corp reduced its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 22.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,654 shares of the company’s stock after selling 3,602 shares during the quarter. iShares MSCI ACWI ETF makes up 1.0% of Planning Capital Management Corp’s portfolio, making the stock its 28th largest holding. Planning Capital Management Corp’s holdings in iShares MSCI ACWI ETF were worth $1,513,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its position in iShares MSCI ACWI ETF by 12.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 165,518 shares of the company’s stock worth $18,604,000 after purchasing an additional 17,937 shares during the period. AQR Capital Management LLC bought a new position in iShares MSCI ACWI ETF in the second quarter worth $204,000. Sanctuary Advisors LLC bought a new position in iShares MSCI ACWI ETF in the second quarter worth $797,000. Fifth Third Bancorp lifted its position in iShares MSCI ACWI ETF by 1.2% in the second quarter. Fifth Third Bancorp now owns 14,827 shares of the company’s stock worth $1,667,000 after purchasing an additional 172 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in iShares MSCI ACWI ETF by 10.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 213,652 shares of the company’s stock worth $24,014,000 after purchasing an additional 19,938 shares during the period. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Performance

Shares of NASDAQ ACWI opened at $120.31 on Thursday. The stock has a market cap of $19.51 billion, a PE ratio of 19.74 and a beta of 0.93. The business has a fifty day moving average of $118.37 and a two-hundred day moving average of $114.56. iShares MSCI ACWI ETF has a 52-week low of $95.57 and a 52-week 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.