Renaissance Technologies LLC Trims Stock Holdings in iShares MSCI ACWI ETF (NASDAQ:ACWI)

Renaissance Technologies LLC lowered its position in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 1.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 84,500 shares of the company’s stock after selling 1,100 shares during the period. Renaissance Technologies LLC’s holdings in iShares MSCI ACWI ETF were worth $9,498,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACWI. Continuum Advisory LLC purchased a new position in iShares MSCI ACWI ETF during the 2nd quarter valued at about $28,000. Joseph Group Capital Management boosted its position in shares of iShares MSCI ACWI ETF by 324.6% in the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock worth $30,000 after purchasing an additional 224 shares in the last quarter. Principal Securities Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth approximately $31,000. Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI ACWI ETF during the 2nd quarter valued at approximately $39,000. Finally, Vima LLC purchased a new position in iShares MSCI ACWI ETF during the fourth quarter valued at $42,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Trading Up 0.7 %

iShares MSCI ACWI ETF stock opened at $119.02 on Wednesday. iShares MSCI ACWI ETF has a 12 month low of $88.33 and a 12 month high of $119.06. The business’s fifty day simple moving average is $114.18 and its two-hundred day simple moving average is $111.79. The company has a market capitalization of $19.04 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

iShares MSCI ACWI ETF Company 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.