Oppenheimer & Co. Inc. Lowers Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Oppenheimer & Co. Inc. cut its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 35.0% during the first quarter, Holdings Channel reports. The firm owned 2,934 shares of the company’s stock after selling 1,577 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares MSCI ACWI ETF were worth $341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vivaldi Capital Management LP grew its stake in iShares MSCI ACWI ETF by 0.3% during the 4th quarter. Vivaldi Capital Management LP now owns 33,727 shares of the company’s stock worth $4,067,000 after purchasing an additional 89 shares in the last quarter. Fiduciary Trust Co boosted its stake in shares of iShares MSCI ACWI ETF by 0.9% in the 4th quarter. Fiduciary Trust Co now owns 10,290 shares of the company’s stock valued at $1,209,000 after buying an additional 92 shares during the period. Robertson Stephens Wealth Management LLC grew its position in shares of iShares MSCI ACWI ETF by 2.9% during the first quarter. Robertson Stephens Wealth Management LLC now owns 3,428 shares of the company’s stock worth $399,000 after buying an additional 96 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares MSCI ACWI ETF by 1.5% during the fourth quarter. NewEdge Advisors LLC now owns 9,367 shares of the company’s stock worth $1,101,000 after buying an additional 141 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares MSCI ACWI ETF by 0.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 53,777 shares of the company’s stock worth $6,259,000 after buying an additional 149 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Up 0.4%

Shares of iShares MSCI ACWI ETF stock opened at $129.05 on Thursday. iShares MSCI ACWI ETF has a 52-week low of $101.25 and a 52-week high of $129.06. The company has a market capitalization of $22.33 billion, a P/E ratio of 20.91 and a beta of 0.93. The company has a 50 day moving average of $123.20 and a 200 day moving average of $119.73.

iShares MSCI ACWI ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were issued a $0.9612 dividend. The ex-dividend date of this dividend was Monday, June 16th.

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.