Barclays PLC Sells 382,877 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Barclays PLC cut its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 77.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,461 shares of the company’s stock after selling 382,877 shares during the period. Barclays PLC’s holdings in iShares MSCI ACWI ETF were worth $12,745,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. OVERSEA CHINESE BANKING Corp Ltd raised its stake in iShares MSCI ACWI ETF by 33.5% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock worth $281,744,000 after buying an additional 601,720 shares during the last quarter. P E Global LLC grew its holdings in iShares MSCI ACWI ETF by 5.4% during the 4th quarter. P E Global LLC now owns 2,229,221 shares of the company’s stock worth $261,933,000 after acquiring an additional 114,345 shares during the period. Wells Fargo & Company MN raised its position in shares of iShares MSCI ACWI ETF by 52.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,928,903 shares of the company’s stock worth $226,646,000 after acquiring an additional 661,137 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in shares of iShares MSCI ACWI ETF by 12.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,728,770 shares of the company’s stock valued at $203,130,000 after purchasing an additional 192,070 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI ACWI ETF by 7.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,384,804 shares of the company’s stock valued at $162,715,000 after purchasing an additional 94,541 shares in the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Down 1.6 %

Shares of ACWI stock opened at $109.60 on Tuesday. The firm has a 50 day moving average of $116.56 and a 200-day moving average of $118.83. The company has a market cap of $18.59 billion, a price-to-earnings ratio of 19.13 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $101.25 and a 52 week high of $124.15.

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.