iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Significant Decline in Short Interest

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,110,000 shares, a drop of 60.9% from the March 31st total of 2,840,000 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 1,683,500 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

A number of large investors have recently bought and sold shares of ACWX. SageView Advisory Group LLC grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.5% during the fourth quarter. SageView Advisory Group LLC now owns 12,588 shares of the company’s stock worth $657,000 after buying an additional 180 shares in the last quarter. Marks Group Wealth Management Inc raised its holdings in iShares MSCI ACWI ex U.S. ETF by 1.5% in the 4th quarter. Marks Group Wealth Management Inc now owns 12,743 shares of the company’s stock valued at $665,000 after acquiring an additional 186 shares during the last quarter. VERITY Wealth Advisors lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 0.4% during the 4th quarter. VERITY Wealth Advisors now owns 55,903 shares of the company’s stock worth $2,916,000 after purchasing an additional 210 shares during the period. Leo Wealth LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.2% during the fourth quarter. Leo Wealth LLC now owns 18,407 shares of the company’s stock worth $960,000 after purchasing an additional 214 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 11.6% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,277 shares of the company’s stock valued at $120,000 after purchasing an additional 237 shares during the period.

iShares MSCI ACWI ex U.S. ETF Price Performance

NASDAQ ACWX opened at $56.54 on Monday. The business has a 50 day moving average price of $55.18 and a 200 day moving average price of $54.47. The company has a market capitalization of $5.88 billion, a P/E ratio of 15.32 and a beta of 0.76. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $48.99 and a 1-year high of $57.96.

About iShares MSCI ACWI ex U.S. ETF

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.