Capital Group Private Client Services Inc. Sells 4,167,341 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Capital Group Private Client Services Inc. reduced its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 99.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,878 shares of the company’s stock after selling 4,167,341 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in iShares MSCI ACWI ETF were worth $4,061,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Cibc World Markets Corp purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $356,195,000. OVERSEA CHINESE BANKING Corp Ltd lifted its position in iShares MSCI ACWI ETF by 211.0% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 3,353,748 shares of the company’s stock valued at $341,244,000 after acquiring an additional 2,275,450 shares during the last quarter. P E Global LLC acquired a new stake in iShares MSCI ACWI ETF in the first quarter valued at approximately $260,755,000. Wells Fargo & Company MN grew its holdings in iShares MSCI ACWI ETF by 47.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,626,845 shares of the company’s stock worth $165,564,000 after purchasing an additional 520,359 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in iShares MSCI ACWI ETF by 19.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,281,020 shares of the company’s stock worth $130,369,000 after purchasing an additional 209,210 shares during the last quarter. Institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Trading Up 1.2 %

Shares of ACWI traded up $1.32 during midday trading on Friday, hitting $112.77. 1,745,163 shares of the company’s stock traded hands, compared to its average volume of 3,413,072. The stock has a market capitalization of $18.61 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 1 year low of $88.33 and a 1 year high of $116.81. The firm’s fifty day moving average is $112.87 and its 200-day moving average is $108.64.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.9354 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

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.