New Capital Management LP Sells 6,440 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

New Capital Management LP reduced its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Rating) by 52.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,816 shares of the company’s stock after selling 6,440 shares during the quarter. New Capital Management LP’s holdings in iShares MSCI ACWI ETF were worth $494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ACWI. Wipfli Financial Advisors LLC bought a new position in iShares MSCI ACWI ETF in the third quarter valued at about $77,000. First Command Bank bought a new position in iShares MSCI ACWI ETF in the third quarter valued at about $78,000. Mill Capital Management LLC bought a new position in iShares MSCI ACWI ETF in the third quarter valued at about $93,000. MayTech Global Investments LLC raised its position in iShares MSCI ACWI ETF by 295.2% in the second quarter. MayTech Global Investments LLC now owns 1,154 shares of the company’s stock valued at $97,000 after purchasing an additional 862 shares during the last quarter. Finally, Allworth Financial LP raised its position in iShares MSCI ACWI ETF by 89.6% in the third quarter. Allworth Financial LP now owns 1,422 shares of the company’s stock valued at $111,000 after purchasing an additional 672 shares during the last quarter. 35.51% of the stock is currently owned by institutional investors.

iShares MSCI ACWI ETF Trading Down 1.1 %

Shares of ACWI stock opened at $86.57 on Friday. The stock has a market cap of $18.58 billion, a price-to-earnings ratio of 15.44 and a beta of 0.93. The stock has a 50-day moving average of $89.34 and a 200-day moving average of $88.38. iShares MSCI ACWI ETF has a 1-year low of $75.71 and a 1-year high of $102.03.

iShares MSCI ACWI ETF Profile

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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.