iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Free Report) saw a large increase in short interest in the month of 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.
Institutional Investors Weigh In On iShares MSCI ACWI ETF
Large investors have recently made changes to their positions in the business. Continuum Advisory LLC bought a new stake in iShares MSCI ACWI ETF in the second quarter valued at $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the 2nd quarter worth about $39,000. Quent Capital LLC lifted its position in shares of iShares MSCI ACWI ETF by 2,148.4% in the 1st quarter. Quent Capital LLC now owns 697 shares of the company’s stock worth $77,000 after purchasing an additional 666 shares during the period. IAG Wealth Partners LLC bought a new stake in shares of iShares MSCI ACWI ETF during the 2nd quarter valued at about $88,000. Finally, Lynx Investment Advisory purchased a new position in shares of iShares MSCI ACWI ETF during the second quarter valued at about $98,000. 61.52% of the stock is currently owned by institutional investors.
iShares MSCI ACWI ETF Price Performance
ACWI opened at $118.82 on Monday. The stock’s 50 day simple moving average is $117.57 and its 200 day simple moving average is $113.42. The firm 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 1 year low of $88.33 and a 1 year high of $120.93.
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.
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