Wilbanks Smith & Thomas Asset Management LLC Sells 180 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Wilbanks Smith & Thomas Asset Management LLC cut its stake in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 0.5% in the fourth quarter, Holdings Channel reports. The fund owned 33,745 shares of the company’s stock after selling 180 shares during the period. Wilbanks Smith & Thomas Asset Management LLC’s holdings in iShares MSCI ACWI ETF were worth $3,434,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC bought a new position in shares of iShares MSCI ACWI ETF in the fourth quarter valued at about $40,000. MayTech Global Investments LLC bought a new position in shares of iShares MSCI ACWI ETF in the third quarter worth about $41,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter valued at approximately $45,000. Anchor Investment Management LLC bought a new position in iShares MSCI ACWI ETF in the 4th quarter worth approximately $47,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at $54,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Price Performance

Shares of NASDAQ ACWI traded up $0.50 during mid-day trading on Thursday, hitting $106.44. The company’s stock had a trading volume of 474,916 shares, compared to its average volume of 3,841,583. The company’s fifty day simple moving average is $107.86 and its 200-day simple moving average is $102.07. iShares MSCI ACWI ETF has a one year low of $88.33 and a one year high of $110.45. The stock has a market cap of $17.90 billion, a price-to-earnings ratio of 19.12 and a beta of 0.93.

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.