Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Expands By 23.9%

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

iShares MSCI ACWI ETF Stock Up 1.0 %

Shares of NASDAQ ACWI opened at $118.62 on Tuesday. The business’s 50 day moving average price is $120.27 and its 200 day moving average price is $119.51. The firm has a market cap of $19.17 billion, a P/E ratio of 22.13 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15.

Institutional Investors Weigh In On iShares MSCI ACWI ETF

A number of large investors have recently bought and sold shares of ACWI. Oppenheimer & Co. Inc. purchased a new stake in iShares MSCI ACWI ETF in the third quarter valued at approximately $351,000. MidAtlantic Capital Management Inc. purchased a new stake in iShares MSCI ACWI ETF in the 3rd quarter worth approximately $67,000. Common Fund For Nonprofit Organizations boosted its position in iShares MSCI ACWI ETF by 3,307.0% in the 3rd quarter. Common Fund For Nonprofit Organizations now owns 142,071 shares of the company’s stock worth $16,985,000 after purchasing an additional 137,901 shares in the last quarter. BIP Wealth LLC boosted its position in iShares MSCI ACWI ETF by 4.1% in the 3rd quarter. BIP Wealth LLC now owns 72,184 shares of the company’s stock worth $8,630,000 after purchasing an additional 2,836 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in iShares MSCI ACWI ETF by 2.0% in the 3rd quarter. Jennison Associates LLC now owns 56,798 shares of the company’s stock worth $6,790,000 after purchasing an additional 1,106 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

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.