BT Wealth Management LLC Reduces Stake in iShares MSCI ACWI ETF (ACWI)

BT Wealth Management LLC lessened its holdings in shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) by 9.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,111 shares of the company’s stock after selling 1,895 shares during the period. iShares MSCI ACWI ETF accounts for approximately 0.8% of BT Wealth Management LLC’s holdings, making the stock its 20th biggest position. BT Wealth Management LLC’s holdings in iShares MSCI ACWI ETF were worth $1,379,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ACWI. JPMorgan Chase & Co. raised its position in shares of iShares MSCI ACWI ETF by 45.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,183,757 shares of the company’s stock worth $87,906,000 after purchasing an additional 368,513 shares during the last quarter. American International Group Inc. purchased a new position in iShares MSCI ACWI ETF in the 3rd quarter worth about $163,000. FMR LLC raised its position in iShares MSCI ACWI ETF by 14.6% in the 3rd quarter. FMR LLC now owns 14,654 shares of the company’s stock worth $1,091,000 after buying an additional 1,864 shares during the last quarter. Baird Financial Group Inc. purchased a new position in iShares MSCI ACWI ETF in the 3rd quarter worth about $444,000. Finally, Franklin Resources Inc. purchased a new position in iShares MSCI ACWI ETF in the 3rd quarter worth about $7,248,000.

Shares of iShares MSCI ACWI ETF stock traded down $0.03 during trading hours on Monday, reaching $74.00. 1,522,569 shares of the stock traded hands, compared to its average volume of 3,582,513. iShares MSCI ACWI ETF has a one year low of $61.01 and a one year high of $74.95.

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Further Reading: Understanding each part of a balance sheet

Institutional Ownership by Quarter for iShares MSCI ACWI ETF (NASDAQ:ACWI)

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