WCM Investment Management LLC Has $71,000 Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

WCM Investment Management LLC lowered its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 63.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 595 shares of the company’s stock after selling 1,044 shares during the period. WCM Investment Management LLC’s holdings in iShares MSCI ACWI ETF were worth $71,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ACWI. Continuum Advisory LLC acquired a new position in shares of iShares MSCI ACWI ETF during the second quarter worth about $28,000. Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI ACWI ETF in the second quarter valued at $39,000. IAG Wealth Partners LLC bought a new stake in iShares MSCI ACWI ETF during the 2nd quarter worth about $88,000. Lynx Investment Advisory bought a new stake in iShares MSCI ACWI ETF during the 2nd quarter worth about $98,000. Finally, Quent Capital LLC grew its holdings in shares of iShares MSCI ACWI ETF by 19.9% in the 3rd 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 and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

NASDAQ:ACWI opened at $120.55 on Wednesday. The stock’s 50-day simple moving average is $118.25 and its 200 day simple moving average is $114.47. iShares MSCI ACWI ETF has a 52-week low of $93.86 and a 52-week high of $121.86. The company has a market cap of $19.55 billion, a P/E ratio of 19.74 and a beta of 0.93.

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.