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

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 14,570,000 shares, a decrease of 24.5% from the March 31st total of 19,300,000 shares. Based on an average daily trading volume, of 3,483,900 shares, the days-to-cover ratio is currently 4.2 days.

iShares MSCI ACWI ETF Stock Up 0.9 %

Shares of ACWI opened at $107.38 on Monday. The business has a 50-day simple moving average of $107.76 and a two-hundred day simple moving average of $101.84. The stock has a market cap of $18.34 billion, a PE ratio of 19.12 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $110.45.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of iShares MSCI ACWI ETF by 9.6% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,078,298 shares of the company’s stock valued at $99,602,000 after buying an additional 94,090 shares in the last quarter. Sapient Capital LLC bought a new position in iShares MSCI ACWI ETF in the 4th quarter worth $251,000. Gryphon Financial Partners LLC lifted its position in iShares MSCI ACWI ETF by 0.7% during the third quarter. Gryphon Financial Partners LLC now owns 105,498 shares of the company’s stock valued at $9,745,000 after purchasing an additional 698 shares in the last quarter. Fifth Third Bancorp grew its holdings in iShares MSCI ACWI ETF by 1.6% during the fourth quarter. Fifth Third Bancorp now owns 15,856 shares of the company’s stock valued at $1,614,000 after purchasing an additional 250 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new stake in iShares MSCI ACWI ETF in the 4th quarter worth approximately $2,585,000. 61.52% of the stock is owned by 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.