iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Free Report) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 8,230,000 shares, a decline of 11.8% from the November 15th total of 9,330,000 shares. Based on an average trading volume of 2,018,700 shares, the days-to-cover ratio is presently 4.1 days.
Institutional Investors Weigh In On iShares MSCI ACWI ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. boosted its position in shares of iShares MSCI ACWI ETF by 16,345.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after acquiring an additional 910,603 shares during the period. Johns Hopkins University boosted its holdings in iShares MSCI ACWI ETF by 15.5% in the 2nd quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock valued at $667,154,000 after purchasing an additional 798,483 shares during the period. DRW Securities LLC grew its position in shares of iShares MSCI ACWI ETF by 842.9% during the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock valued at $42,294,000 after purchasing an additional 316,256 shares in the last quarter. Bricktown Capital LLC increased its holdings in shares of iShares MSCI ACWI ETF by 214.4% in the third quarter. Bricktown Capital LLC now owns 418,974 shares of the company’s stock worth $50,088,000 after purchasing an additional 285,698 shares during the period. Finally, Privium Fund Management UK Ltd raised its position in shares of iShares MSCI ACWI ETF by 125.4% in the second quarter. Privium Fund Management UK Ltd now owns 380,140 shares of the company’s stock worth $43,340,000 after buying an additional 211,500 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors.
iShares MSCI ACWI ETF Stock Performance
NASDAQ:ACWI opened at $122.06 on Monday. iShares MSCI ACWI ETF has a 52-week low of $99.26 and a 52-week high of $123.58. The business’s fifty day moving average is $120.33 and its 200 day moving average is $116.31. The firm has a market cap of $19.80 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.
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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