Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Increases By 21.2%

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 19,300,000 shares, an increase of 21.2% from the March 15th total of 15,930,000 shares. Based on an average daily volume of 4,145,700 shares, the days-to-cover ratio is presently 4.7 days.

iShares MSCI ACWI ETF Stock Down 1.5 %

Shares of NASDAQ:ACWI opened at $107.33 on Friday. The business has a 50 day moving average price of $107.39 and a 200 day moving average price of $100.66. iShares MSCI ACWI ETF has a twelve month low of $88.33 and a twelve month high of $110.45. The company has a market cap of $19.08 billion, a price-to-earnings ratio of 15.44 and a beta of 0.93.

Institutional Trading of iShares MSCI ACWI ETF

Several hedge funds have recently added to or reduced their stakes in the business. Mather Group LLC. raised its holdings in iShares MSCI ACWI ETF by 2.2% in the 1st quarter. Mather Group LLC. now owns 4,654 shares of the company’s stock valued at $474,000 after acquiring an additional 99 shares in the last quarter. TFO Wealth Partners LLC raised its holdings in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. TFO Wealth Partners LLC now owns 11,329 shares of the company’s stock valued at $1,152,903,000 after acquiring an additional 106 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in iShares MSCI ACWI ETF by 0.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 12,203 shares of the company’s stock valued at $1,242,000 after acquiring an additional 113 shares in the last quarter. Cetera Investment Advisers raised its holdings in iShares MSCI ACWI ETF by 0.4% in the 1st quarter. Cetera Investment Advisers now owns 28,921 shares of the company’s stock valued at $2,636,000 after acquiring an additional 113 shares in the last quarter. Finally, Baystate Wealth Management LLC raised its holdings in iShares MSCI ACWI ETF by 12.5% in the 3rd quarter. Baystate Wealth Management LLC now owns 1,064 shares of the company’s stock valued at $98,000 after acquiring an additional 118 shares in the last quarter. 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.