iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Free Report) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 8,760,000 shares, a growth of 23.9% from the February 13th total of 7,070,000 shares. Approximately 5.4% of the shares of the company are sold short. Based on an average trading volume of 3,017,400 shares, the short-interest ratio is currently 2.9 days.
Institutional Trading of iShares MSCI ACWI ETF
Hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its stake in shares of iShares MSCI ACWI ETF by 2.3% during the 4th quarter. BNP Paribas Financial Markets now owns 2,436,098 shares of the company’s stock worth $286,242,000 after acquiring an additional 55,462 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of iShares MSCI ACWI ETF by 33.5% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,398,359 shares of the company’s stock worth $281,744,000 after buying an additional 601,720 shares during the last quarter. P E Global LLC boosted its position in shares of iShares MSCI ACWI ETF by 5.4% in the 4th quarter. P E Global LLC now owns 2,229,221 shares of the company’s stock worth $261,933,000 after buying an additional 114,345 shares in the last quarter. Wells Fargo & Company MN increased its holdings in iShares MSCI ACWI ETF by 52.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,928,903 shares of the company’s stock valued at $226,646,000 after acquiring an additional 661,137 shares in the last quarter. Finally, Qalhat Capital Ltd raised its position in iShares MSCI ACWI ETF by 171.9% during the fourth quarter. Qalhat Capital Ltd now owns 1,783,702 shares of the company’s stock worth $209,585,000 after acquiring an additional 1,127,675 shares during the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.
iShares MSCI ACWI ETF Stock Down 0.7 %
Shares of NASDAQ:ACWI opened at $117.77 on Wednesday. iShares MSCI ACWI ETF has a 52 week low of $104.29 and a 52 week high of $124.15. The company has a 50-day moving average price of $120.26 and a 200 day moving average price of $119.51. The company has a market cap of $18.91 billion, a P/E ratio of 21.22 and a beta of 0.94.
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.
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