Hsbc Holdings PLC Sells 82,659 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Hsbc Holdings PLC cut its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 12.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 559,858 shares of the company’s stock after selling 82,659 shares during the period. Hsbc Holdings PLC owned about 0.35% of iShares MSCI ACWI ETF worth $62,928,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in shares of iShares MSCI ACWI ETF by 804.0% during the first quarter. Jane Street Group LLC now owns 8,834,809 shares of the company’s stock worth $972,978,000 after acquiring an additional 7,857,479 shares during the last quarter. Cibc World Markets Corp acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $356,195,000. P E Global LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 1st quarter worth approximately $260,755,000. Johns Hopkins University boosted its stake in shares of iShares MSCI ACWI ETF by 15.5% in the 2nd quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock valued at $667,154,000 after purchasing an additional 798,483 shares during the last quarter. Finally, Lee Johnson Capital Management LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the second quarter worth $38,335,000. 61.52% of the stock is owned by institutional investors.

iShares MSCI ACWI ETF Stock Up 1.8 %

ACWI stock opened at $118.23 on Friday. The firm has a market cap of $18.92 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The company’s fifty day simple moving average is $114.06 and its 200 day simple moving average is $111.51. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $118.57.

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.