Sheets Smith Wealth Management Lowers Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Sheets Smith Wealth Management trimmed its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,945 shares of the company’s stock after selling 156 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares MSCI ACWI ETF were worth $816,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Ballentine Partners LLC boosted its holdings in iShares MSCI ACWI ETF by 3.2% during the fourth quarter. Ballentine Partners LLC now owns 37,838 shares of the company’s stock worth $4,446,000 after buying an additional 1,165 shares in the last quarter. Pure Financial Advisors LLC boosted its stake in shares of iShares MSCI ACWI ETF by 13.2% during the 4th quarter. Pure Financial Advisors LLC now owns 17,518 shares of the company’s stock worth $2,058,000 after acquiring an additional 2,045 shares in the last quarter. Amplius Wealth Advisors LLC grew its holdings in shares of iShares MSCI ACWI ETF by 10.2% in the 4th quarter. Amplius Wealth Advisors LLC now owns 70,806 shares of the company’s stock worth $8,320,000 after acquiring an additional 6,558 shares during the period. RiverTree Advisors LLC purchased a new position in iShares MSCI ACWI ETF in the 4th quarter valued at approximately $1,100,000. Finally, Client 1ST Advisory Group LLC acquired a new position in iShares MSCI ACWI ETF during the fourth quarter worth $566,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $120.96 on Wednesday. iShares MSCI ACWI ETF has a fifty-two week low of $101.59 and a fifty-two week high of $123.58. The firm has a market capitalization of $19.74 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The stock’s fifty day moving average is $119.81 and its two-hundred day moving average is $117.49.

iShares MSCI ACWI ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date 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.