Morris Financial Concepts Inc. Sells 106 Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI)

Morris Financial Concepts Inc. trimmed its stake in iShares MSCI ACWI ETF (NASDAQ:ACWI) by 31.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 235 shares of the company’s stock after selling 106 shares during the quarter. Morris Financial Concepts Inc.’s holdings in iShares MSCI ACWI ETF were worth $28,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pacifica Partners Inc. purchased a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter valued at approximately $40,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at approximately $67,000. Avior Wealth Management LLC lifted its stake in shares of iShares MSCI ACWI ETF by 405.0% during the 4th quarter. Avior Wealth Management LLC now owns 601 shares of the company’s stock valued at $71,000 after buying an additional 482 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter worth approximately $83,000. Finally, TD Private Client Wealth LLC lifted its stake in iShares MSCI ACWI ETF by 81.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 791 shares of the company’s stock worth $95,000 after purchasing an additional 355 shares in the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Price Performance

NASDAQ ACWI opened at $122.22 on Thursday. iShares MSCI ACWI ETF has a 1 year low of $102.89 and a 1 year high of $123.58. The stock has a market capitalization of $19.75 billion, a PE ratio of 19.74 and a beta of 0.93. The company’s 50 day simple moving average is $120.14 and its two-hundred day simple moving average is $118.28.

iShares MSCI ACWI ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.0662 dividend. The ex-dividend date was Tuesday, December 17th.

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.