Short Interest in iShares MSCI ACWI ETF (NASDAQ:ACWI) Expands By 10.3%

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 9,330,000 shares, a growth of 10.3% from the October 31st total of 8,460,000 shares. Based on an average daily trading volume, of 1,936,300 shares, the short-interest ratio is presently 4.8 days.

iShares MSCI ACWI ETF Stock Up 0.5 %

NASDAQ:ACWI traded up $0.56 on Wednesday, hitting $122.81. The stock had a trading volume of 571,304 shares, compared to its average volume of 2,927,710. The stock has a market cap of $19.92 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The business’s 50-day simple moving average is $119.77 and its two-hundred day simple moving average is $115.73. iShares MSCI ACWI ETF has a 52-week low of $97.66 and a 52-week high of $122.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Capasso Planning Partners LLC lifted its position in shares of iShares MSCI ACWI ETF by 5.8% during the 3rd quarter. Capasso Planning Partners LLC now owns 4,576 shares of the company’s stock valued at $547,000 after buying an additional 251 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of iShares MSCI ACWI ETF by 11.7% during the 3rd quarter. Franklin Resources Inc. now owns 25,733 shares of the company’s stock valued at $3,090,000 after buying an additional 2,690 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at about $2,833,000. World Investment Advisors LLC purchased a new position in shares of iShares MSCI ACWI ETF during the 3rd quarter valued at about $371,000. Finally, Sanctuary Advisors LLC lifted its position in shares of iShares MSCI ACWI ETF by 33.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 9,880 shares of the company’s stock valued at $1,190,000 after buying an additional 2,457 shares in the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

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.