Quadrant Capital Group LLC Sells 4,196 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Quadrant Capital Group LLC cut its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 13.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,426 shares of the company’s stock after selling 4,196 shares during the quarter. Quadrant Capital Group LLC’s holdings in iShares MSCI ACWI ETF were worth $2,791,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. SouthState Corp acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth approximately $30,000. Principal Securities Inc. bought a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at $31,000. Sound Income Strategies LLC acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $40,000. MayTech Global Investments LLC bought a new stake in shares of iShares MSCI ACWI ETF during the third quarter worth about $41,000. Finally, DiNuzzo Private Wealth Inc. bought a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $45,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

ACWI traded up $0.17 during midday trading on Friday, reaching $112.07. 1,198,604 shares of the company were exchanged, compared to its average volume of 3,609,111. The company has a market cap of $18.72 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $88.33 and a one year high of $112.36. The company’s fifty day moving average price is $108.49 and its 200 day moving average price is $103.44.

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.