Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Decreases By 16.6%

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 7,490,000 shares, a decrease of 16.6% from the January 15th total of 8,980,000 shares. Based on an average daily volume of 2,881,900 shares, the short-interest ratio is currently 2.6 days.

iShares MSCI ACWI ETF Price Performance

ACWI stock opened at $123.62 on Monday. iShares MSCI ACWI ETF has a 12 month low of $104.29 and a 12 month high of $124.02. The firm has a market cap of $19.98 billion, a PE ratio of 19.74 and a beta of 0.93. The firm has a 50 day simple moving average of $120.15 and a 200 day simple moving average of $118.50.

iShares MSCI ACWI ETF Dividend Announcement

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

Institutional Trading of iShares MSCI ACWI ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pennington Partners & CO. LLC acquired a new stake in iShares MSCI ACWI ETF during the fourth quarter valued at approximately $3,088,000. FAS Wealth Partners Inc. raised its holdings in shares of iShares MSCI ACWI ETF by 70.0% during the fourth quarter. FAS Wealth Partners Inc. now owns 2,149 shares of the company’s stock valued at $252,000 after acquiring an additional 885 shares during the period. Comerica Bank raised its holdings in shares of iShares MSCI ACWI ETF by 9.0% during the fourth quarter. Comerica Bank now owns 89,450 shares of the company’s stock valued at $10,510,000 after acquiring an additional 7,406 shares during the period. Northern Trust Corp raised its holdings in shares of iShares MSCI ACWI ETF by 450.3% during the fourth quarter. Northern Trust Corp now owns 209,696 shares of the company’s stock valued at $24,639,000 after acquiring an additional 171,590 shares during the period. Finally, Beacon Pointe Advisors LLC raised its holdings in shares of iShares MSCI ACWI ETF by 55.5% during the fourth quarter. Beacon Pointe Advisors LLC now owns 5,053 shares of the company’s stock valued at $594,000 after acquiring an additional 1,803 shares during the period. 61.52% of the stock is owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Company 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.