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

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 8,760,000 shares, a growth of 23.9% from the February 13th total of 7,070,000 shares. Currently, 5.4% of the company’s stock are sold short. Based on an average daily volume of 3,017,400 shares, the days-to-cover ratio is presently 2.9 days.

Institutional Trading of iShares MSCI ACWI ETF

Large investors have recently modified their holdings of the business. Accredited Wealth Management LLC purchased a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $25,000. Synergy Investment Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 4th quarter valued at approximately $35,000. Pacifica Partners Inc. purchased a new position in shares of iShares MSCI ACWI ETF during the 4th quarter valued at approximately $40,000. McIlrath & Eck LLC grew its position in shares of iShares MSCI ACWI ETF by 61.3% during the fourth quarter. McIlrath & Eck LLC now owns 408 shares of the company’s stock worth $48,000 after buying an additional 155 shares in the last quarter. Finally, Centerpoint Advisors LLC bought a new stake in shares of iShares MSCI ACWI ETF in the fourth quarter worth $54,000. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

iShares MSCI ACWI ETF stock opened at $118.73 on Thursday. iShares MSCI ACWI ETF has a 12-month low of $104.29 and a 12-month high of $124.15. The company has a market capitalization of $19.19 billion, a price-to-earnings ratio of 21.22 and a beta of 0.93. The firm’s fifty day moving average price is $120.27 and its 200 day moving average price is $119.51.

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.