GDS Wealth Management Reduces Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

GDS Wealth Management decreased its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,415 shares of the company’s stock after selling 125 shares during the period. GDS Wealth Management’s holdings in iShares MSCI ACWI ETF were worth $551,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ACWI. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of iShares MSCI ACWI ETF by 9.6% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,078,298 shares of the company’s stock worth $99,602,000 after acquiring an additional 94,090 shares during the period. Sapient Capital LLC purchased a new stake in iShares MSCI ACWI ETF in the fourth quarter worth $251,000. Gryphon Financial Partners LLC lifted its position in iShares MSCI ACWI ETF by 0.7% during the third quarter. Gryphon Financial Partners LLC now owns 105,498 shares of the company’s stock valued at $9,745,000 after buying an additional 698 shares during the period. Brighton Jones LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 8.6% during the 4th quarter. Brighton Jones LLC now owns 22,005 shares of the company’s stock valued at $2,239,000 after buying an additional 1,748 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of iShares MSCI ACWI ETF by 1.6% in the 4th quarter. Fifth Third Bancorp now owns 15,856 shares of the company’s stock worth $1,614,000 after buying an additional 250 shares during the period. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI traded up $0.66 during trading hours on Thursday, reaching $110.04. 925,382 shares of the company’s stock traded hands, compared to its average volume of 3,745,909. The firm has a market cap of $18.38 billion, a PE ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $110.45. The firm has a 50-day simple moving average of $108.15 and a 200 day simple moving average of $102.70.

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.