iShares MSCI ACWI ETF (NASDAQ:ACWI) Sees Significant Decrease in Short Interest

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,468,713 shares, a decline of 42.7% from the June 30th total of 9,536,044 shares. Based on an average trading volume of 3,069,278 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.6% of the shares of the company are sold short.

Institutional Trading of iShares MSCI ACWI ETF

Several large investors have recently added to or reduced their stakes in ACWI. Mass General Brigham Inc bought a new position in iShares MSCI ACWI ETF in the 4th quarter valued at about $652,828,000. BNP Paribas Financial Markets increased its stake in shares of iShares MSCI ACWI ETF by 270.0% during the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock valued at $370,719,000 after acquiring an additional 1,911,879 shares during the period. Morgan Stanley increased its stake in shares of iShares MSCI ACWI ETF by 20.5% during the fourth quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock valued at $1,193,812,000 after acquiring an additional 1,438,226 shares during the period. Northern Trust Corp raised its holdings in iShares MSCI ACWI ETF by 2,222.6% during the fourth quarter. Northern Trust Corp now owns 1,492,581 shares of the company’s stock worth $211,185,000 after purchasing an additional 1,428,317 shares in the last quarter. Finally, Qalhat Capital Ltd raised its holdings in iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after purchasing an additional 1,137,134 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI stock traded down $0.95 during trading hours on Wednesday, reaching $153.59. The stock had a trading volume of 529,331 shares, compared to its average volume of 4,528,767. The firm has a market capitalization of $32.25 billion, a PE ratio of 20.91 and a beta of 0.92. The firm has a 50-day simple moving average of $156.28 and a 200-day simple moving average of $149.49. iShares MSCI ACWI ETF has a twelve month low of $127.77 and a twelve month high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $1.0097 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.