Alpha Cubed Investments LLC Trims Stake in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Alpha Cubed Investments LLC cut its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,097 shares of the company’s stock after selling 115 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares MSCI ACWI ETF were worth $599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ACWI. Pacifica Partners Inc. purchased a new position in iShares MSCI ACWI ETF in the fourth quarter worth about $40,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at $67,000. ORG Wealth Partners LLC purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter worth $83,000. TD Private Client Wealth LLC raised its holdings in iShares MSCI ACWI ETF by 81.4% during the third quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock valued at $95,000 after acquiring an additional 355 shares during the period. Finally, Quent Capital LLC lifted its position in shares of iShares MSCI ACWI ETF by 19.9% in the third quarter. Quent Capital LLC now owns 836 shares of the company’s stock valued at $100,000 after acquiring an additional 139 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 0.9 %

NASDAQ:ACWI opened at $119.60 on Tuesday. The stock has a 50-day moving average price of $119.81 and a 200 day moving average price of $117.49. The stock has a market capitalization of $19.52 billion, a P/E ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $99.89 and a 12-month high of $123.58.

iShares MSCI ACWI ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.