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

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 9,330,000 shares, an increase of 10.3% from the October 31st total of 8,460,000 shares. Based on an average trading volume of 1,936,300 shares, the days-to-cover ratio is presently 4.8 days.

iShares MSCI ACWI ETF Stock Performance

ACWI opened at $122.03 on Tuesday. The business’s 50-day simple moving average is $119.71 and its 200-day simple moving average is $115.66. The company has a market cap of $19.79 billion, a P/E ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a one year low of $97.66 and a one year high of $122.17.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its position in shares of iShares MSCI ACWI ETF by 0.3% during the 3rd quarter. Signaturefd LLC now owns 27,224 shares of the company’s stock worth $3,255,000 after buying an additional 86 shares during the last quarter. Cherrydale Wealth Management LLC lifted its position in iShares MSCI ACWI ETF by 0.8% in the second quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock valued at $1,167,000 after acquiring an additional 87 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in iShares MSCI ACWI ETF by 0.6% in the second quarter. Ameritas Advisory Services LLC now owns 21,728 shares of the company’s stock valued at $2,442,000 after acquiring an additional 122 shares in the last quarter. Quent Capital LLC grew its holdings in shares of iShares MSCI ACWI ETF by 19.9% during the third quarter. Quent Capital LLC now owns 836 shares of the company’s stock worth $100,000 after purchasing an additional 139 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC increased its position in shares of iShares MSCI ACWI ETF by 0.5% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 27,749 shares of the company’s stock worth $3,119,000 after purchasing an additional 149 shares in the last quarter. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

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.