National Bank of Canada FI Sells 2,293,845 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

National Bank of Canada FI reduced its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 51.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,147,047 shares of the company’s stock after selling 2,293,845 shares during the quarter. National Bank of Canada FI owned approximately 1.18% of iShares MSCI ACWI ETF worth $216,636,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Sapient Capital LLC acquired a new position in iShares MSCI ACWI ETF in the fourth quarter worth about $251,000. Axxcess Wealth Management LLC raised its holdings in shares of iShares MSCI ACWI ETF by 42.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,478 shares of the company’s stock worth $354,000 after buying an additional 1,028 shares in the last quarter. SouthState Corp bought a new position in shares of iShares MSCI ACWI ETF during the 4th quarter worth approximately $30,000. Heritage Wealth Management LLC acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $251,000. Finally, FFT Wealth Management LLC grew its position in iShares MSCI ACWI ETF by 1.0% in the fourth quarter. FFT Wealth Management LLC now owns 1,161,082 shares of the company’s stock valued at $118,163,000 after acquiring an additional 10,934 shares during the period. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Up 1.1 %

iShares MSCI ACWI ETF stock traded up $1.17 during mid-day trading on Friday, hitting $108.43. 3,358,947 shares of the company were exchanged, compared to its average volume of 3,856,723. iShares MSCI ACWI ETF has a 1-year low of $88.33 and a 1-year high of $110.45. The business has a fifty day moving average of $107.90 and a 200 day moving average of $102.21. The company has a market capitalization of $18.11 billion, a PE ratio of 19.12 and a beta of 0.93.

About iShares MSCI ACWI ETF

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.