iShares MSCI ACWI ETF (NASDAQ:ACWI) Shares Sold by Peak Financial Management Inc.

Peak Financial Management Inc. trimmed its position in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.9% during the third quarter, Holdings Channel.com reports. The firm owned 45,935 shares of the company’s stock after selling 435 shares during the period. iShares MSCI ACWI ETF accounts for approximately 1.6% of Peak Financial Management Inc.’s holdings, making the stock its 23rd largest position. Peak Financial Management Inc.’s holdings in iShares MSCI ACWI ETF were worth $5,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. RDA Financial Network raised its stake in iShares MSCI ACWI ETF by 18.8% during the 3rd quarter. RDA Financial Network now owns 26,437 shares of the company’s stock worth $3,161,000 after acquiring an additional 4,180 shares in the last quarter. Creative Planning raised its stake in iShares MSCI ACWI ETF by 19.9% during the 3rd quarter. Creative Planning now owns 46,298 shares of the company’s stock worth $5,535,000 after acquiring an additional 7,673 shares in the last quarter. Sivia Capital Partners LLC raised its stake in iShares MSCI ACWI ETF by 181.7% during the 3rd quarter. Sivia Capital Partners LLC now owns 7,376 shares of the company’s stock worth $882,000 after acquiring an additional 4,758 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares MSCI ACWI ETF by 54.2% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,101 shares of the company’s stock worth $132,000 after acquiring an additional 387 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. grew its position in iShares MSCI ACWI ETF by 4.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 4,093 shares of the company’s stock worth $489,000 after purchasing an additional 159 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock traded down $1.26 during midday trading on Tuesday, hitting $119.52. 901,639 shares of the company’s stock were exchanged, compared to its average volume of 3,082,067. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $120.93. The stock has a market cap of $19.39 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The firm’s 50 day simple moving average is $116.06 and its 200 day simple moving average is $112.80.

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.