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

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 10,300,000 shares, a decline of 8.8% from the August 31st total of 11,300,000 shares. Based on an average daily trading volume, of 2,580,800 shares, the short-interest ratio is currently 4.0 days.

iShares MSCI ACWI ETF Trading Down 0.2 %

iShares MSCI ACWI ETF stock opened at $119.56 on Friday. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $120.24. The firm has a market capitalization of $19.13 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The firm has a 50 day moving average of $114.48 and a 200 day moving average of $111.97.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

A number of hedge funds have recently modified their holdings of the company. Centaurus Financial Inc. lifted its stake in shares of iShares MSCI ACWI ETF by 7.4% during the 2nd quarter. Centaurus Financial Inc. now owns 135,031 shares of the company’s stock valued at $15,178,000 after buying an additional 9,327 shares in the last quarter. Brightwater Advisory LLC bought a new position in shares of iShares MSCI ACWI ETF in the second quarter worth about $1,177,000. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI ACWI ETF in the second quarter worth about $797,000. Dana Investment Advisors Inc. grew its position in shares of iShares MSCI ACWI ETF by 9.6% during the second quarter. Dana Investment Advisors Inc. now owns 2,757 shares of the company’s stock worth $310,000 after purchasing an additional 241 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in iShares MSCI ACWI ETF by 7.9% during the 2nd quarter. Cetera Investment Advisers now owns 74,942 shares of the company’s stock valued at $8,423,000 after purchasing an additional 5,492 shares during the period. 61.52% of the stock is currently owned by institutional investors.

About iShares MSCI ACWI ETF

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.