iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Up 97.4% in June

iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 9,536,044 shares, an increase of 97.4% from the June 15th total of 4,831,071 shares. Based on an average trading volume of 3,586,346 shares, the short-interest ratio is currently 2.7 days. Approximately 4.5% of the company’s stock are sold short.

iShares MSCI ACWI ETF Stock Down 0.9%

Shares of ACWI traded down $1.36 during midday trading on Friday, reaching $155.00. 651,028 shares of the stock were exchanged, compared to its average volume of 4,624,172. The company has a market cap of $32.80 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 12-month low of $127.77 and a 12-month high of $160.03. The firm has a 50 day simple moving average of $156.28 and a 200-day simple moving average of $148.80.

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iShares MSCI ACWI ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ACWI. Comerica Bank lifted its holdings in iShares MSCI ACWI ETF by 14.8% in the 4th quarter. Comerica Bank now owns 88,424 shares of the company’s stock worth $12,511,000 after purchasing an additional 11,430 shares during the last quarter. Ayalon Insurance Comp Ltd. grew its holdings in iShares MSCI ACWI ETF by 5.6% during the fourth quarter. Ayalon Insurance Comp Ltd. now owns 296,297 shares of the company’s stock valued at $41,923,000 after purchasing an additional 15,726 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares MSCI ACWI ETF by 1.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 305,603 shares of the company’s stock valued at $44,114,000 after purchasing an additional 4,934 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares MSCI ACWI ETF by 255.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 483,180 shares of the company’s stock valued at $68,365,000 after purchasing an additional 347,070 shares during the period. Finally, BIP Wealth LLC lifted its stake in shares of iShares MSCI ACWI ETF by 41.5% in the fourth quarter. BIP Wealth LLC now owns 118,178 shares of the company’s stock worth $16,721,000 after buying an additional 34,655 shares during the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Company Profile

(Get Free Report)

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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