iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Down 8.8% in March

iShares MSCI ACWI ETF (NASDAQ:ACWIGet Free Report) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 15,930,000 shares, a decline of 8.8% from the February 29th total of 17,460,000 shares. Based on an average daily volume of 4,347,400 shares, the days-to-cover ratio is currently 3.7 days.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Large investors have recently made changes to their positions in the company. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of iShares MSCI ACWI ETF by 9.6% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,078,298 shares of the company’s stock valued at $99,602,000 after acquiring an additional 94,090 shares during the period. Gryphon Financial Partners LLC increased its holdings in iShares MSCI ACWI ETF by 0.7% in the third quarter. Gryphon Financial Partners LLC now owns 105,498 shares of the company’s stock valued at $9,745,000 after purchasing an additional 698 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in iShares MSCI ACWI ETF in the third quarter valued at about $5,309,000. Sycale Advisors NY LLC increased its holdings in iShares MSCI ACWI ETF by 245.0% in the third quarter. Sycale Advisors NY LLC now owns 93,216 shares of the company’s stock valued at $8,610,000 after purchasing an additional 66,200 shares during the last quarter. Finally, US Bancorp DE increased its holdings in iShares MSCI ACWI ETF by 33.5% in the third quarter. US Bancorp DE now owns 265,262 shares of the company’s stock valued at $24,502,000 after purchasing an additional 66,550 shares during the last quarter. Institutional investors and hedge funds own 52.79% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $110.13 on Monday. The firm has a market cap of $20.02 billion, a P/E ratio of 15.44 and a beta of 0.93. The business’s fifty day moving average is $106.22 and its two-hundred day moving average is $99.84. iShares MSCI ACWI ETF has a 52 week low of $88.33 and a 52 week high of $110.37.

iShares MSCI ACWI ETF Company Profile

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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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