iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Update

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 13,260,000 shares, an increase of 21.4% from the September 30th total of 10,920,000 shares. Based on an average daily volume of 2,295,600 shares, the days-to-cover ratio is presently 5.8 days.

iShares MSCI ACWI ETF Trading Down 0.2 %

Shares of iShares MSCI ACWI ETF stock opened at $118.82 on Monday. The company’s 50-day moving average price is $117.57 and its 200-day moving average price is $113.42. The company has a market cap of $19.27 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $120.93.

Institutional Investors Weigh In On iShares MSCI ACWI ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Continuum Advisory LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 2nd quarter valued at about $28,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 2nd quarter worth $39,000. Quent Capital LLC grew its position in iShares MSCI ACWI ETF by 2,148.4% in the first quarter. Quent Capital LLC now owns 697 shares of the company’s stock worth $77,000 after acquiring an additional 666 shares in the last quarter. IAG Wealth Partners LLC bought a new position in iShares MSCI ACWI ETF in the second quarter valued at $88,000. Finally, Lynx Investment Advisory bought a new stake in iShares MSCI ACWI ETF during the second quarter worth about $98,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

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.