First Citizens Asset Management Inc. Has $509,000 Stock Position in iShares MSCI ACWI ETF (NASDAQ:ACWI)

First Citizens Asset Management Inc. lessened its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,257 shares of the company’s stock after selling 369 shares during the quarter. iShares MSCI ACWI ETF makes up approximately 0.2% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 24th largest position. First Citizens Asset Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $509,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Signaturefd LLC lifted its stake in shares of iShares MSCI ACWI ETF by 0.3% during the 3rd quarter. Signaturefd LLC now owns 27,224 shares of the company’s stock worth $3,255,000 after buying an additional 86 shares during the last quarter. Cherrydale Wealth Management LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.8% during the second quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock worth $1,167,000 after acquiring an additional 87 shares during the period. Ameritas Advisory Services LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.6% during the second quarter. Ameritas Advisory Services LLC now owns 21,728 shares of the company’s stock worth $2,442,000 after acquiring an additional 122 shares during the period. Quent Capital LLC increased its stake in shares of iShares MSCI ACWI ETF by 19.9% during the third quarter. Quent Capital LLC now owns 836 shares of the company’s stock worth $100,000 after purchasing an additional 139 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of iShares MSCI ACWI ETF by 0.5% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 27,749 shares of the company’s stock worth $3,119,000 after purchasing an additional 149 shares during the period. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI traded up $1.02 on Tuesday, reaching $118.50. The stock had a trading volume of 488,078 shares, compared to its average volume of 3,019,898. The company has a market cap of $19.22 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm has a fifty day moving average of $117.84 and a two-hundred day moving average of $113.95. iShares MSCI ACWI ETF has a 1-year low of $93.09 and a 1-year high of $120.93.

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.