iShares MSCI ACWI ETF (NASDAQ:ACWI) Sees Significant Increase in Short Interest

iShares MSCI ACWI ETF (NASDAQ:ACWIGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 9,536,044 shares, a growth of 97.4% from the June 15th total of 4,831,071 shares. Based on an average daily trading volume, of 3,586,346 shares, the short-interest ratio is presently 2.7 days. Approximately 4.5% of the shares of the company are short sold.

iShares MSCI ACWI ETF Stock Up 0.4%

ACWI stock opened at $157.52 on Thursday. The firm has a market cap of $33.33 billion, a PE ratio of 20.91 and a beta of 0.92. The business has a 50 day moving average of $156.23 and a 200-day moving average of $148.70. iShares MSCI ACWI ETF has a 12-month low of $127.77 and a 12-month high of $160.03.

iShares MSCI ACWI ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $1.0097 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI ACWI ETF

Several large investors have recently made changes to their positions in ACWI. Triumph Capital Management purchased a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $27,000. Godfrey Financial Associates Inc. purchased a new stake in iShares MSCI ACWI ETF during the fourth quarter worth about $27,000. Smith & Howard Wealth Management LLC purchased a new stake in iShares MSCI ACWI ETF during the fourth quarter worth about $31,000. Root Financial Partners LLC raised its position in iShares MSCI ACWI ETF by 7,100.0% in the fourth quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares during the period. Finally, Advisortrust Partners LLC bought a new stake in iShares MSCI ACWI ETF in the first quarter worth about $32,000. 61.52% of the stock is owned by hedge funds and other institutional investors.

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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