Amplius Wealth Advisors sold 25,217 shares of ACWI for $3.3 million in the third quarter, representing 0.3% of their assets under management. They still hold 81,208 shares valued at $11.2 million. ACWI shares were priced at $140.86 on Friday, up 18% over the past year. The ETF tracks the MSCI ACWI Index and offers exposure to global equities. Amplius’ sale seems like portfolio housekeeping rather than a retreat from global equities, as they maintain exposure through other holdings. This move highlights the value of dynamic allocation for long-term investors.

Read more at Nasdaq: Amplius Wealth Trims Global ETF but Keeps Core Exposure Through Flagship Fund