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

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a significant growth in short interest in 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. Currently, 4.5% of the company’s stock are sold short. Based on an average daily volume of 3,586,346 shares, the days-to-cover ratio is presently 2.7 days.

iShares MSCI ACWI ETF Stock Performance

ACWI stock opened at $155.00 on Friday. The firm has a 50 day simple moving average of $156.27 and a 200 day simple moving average of $148.84. iShares MSCI ACWI ETF has a 52 week low of $127.77 and a 52 week high of $160.03. The stock has a market cap of $32.80 billion, a P/E ratio of 20.91 and a beta of 0.92.

iShares MSCI ACWI ETF Announces Dividend

The business also recently announced 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 was Monday, June 15th.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Several institutional investors and hedge funds have recently modified their holdings of ACWI. Triumph Capital Management purchased a new stake in shares of iShares MSCI ACWI ETF during the third quarter worth $27,000. Godfrey Financial Associates Inc. purchased a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $27,000. Smith & Howard Wealth Management LLC purchased a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $31,000. Root Financial Partners LLC increased its position in iShares MSCI ACWI ETF by 7,100.0% in the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Advisortrust Partners LLC acquired a new position in iShares MSCI ACWI ETF in the 1st quarter worth about $32,000. 61.52% of the stock is currently owned by hedge funds and other 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.