Lee Danner & Bass Inc. Has $755,000 Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Lee Danner & Bass Inc. trimmed its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,422 shares of the company’s stock after selling 1,250 shares during the period. Lee Danner & Bass Inc.’s holdings in iShares MSCI ACWI ETF were worth $755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter worth $40,000. MayTech Global Investments LLC acquired a new stake in iShares MSCI ACWI ETF in the 3rd quarter worth $41,000. Anchor Investment Management LLC acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter worth $47,000. McGlone Suttner Wealth Management Inc. acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter worth $54,000. Finally, CVA Family Office LLC acquired a new stake in iShares MSCI ACWI ETF in the 4th quarter worth $60,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $105.60 on Tuesday. The firm has a market capitalization of $18.23 billion, a price-to-earnings ratio of 19.12 and a beta of 0.93. The company’s fifty day moving average is $107.59 and its two-hundred day moving average is $101.46. iShares MSCI ACWI ETF has a 52-week low of $88.33 and a 52-week high of $110.45.

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.