iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Down 36.2% in October

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 8,460,000 shares, a decrease of 36.2% from the October 15th total of 13,260,000 shares. Based on an average daily trading volume, of 1,988,800 shares, the short-interest ratio is currently 4.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Signaturefd LLC grew its stake in iShares MSCI ACWI ETF by 0.3% in the third quarter. Signaturefd LLC now owns 27,224 shares of the company’s stock worth $3,255,000 after purchasing an additional 86 shares during the period. Cherrydale Wealth Management LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.8% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 10,381 shares of the company’s stock valued at $1,167,000 after buying an additional 87 shares in the last quarter. Ameritas Advisory Services LLC grew its position in shares of iShares MSCI ACWI ETF by 0.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,728 shares of the company’s stock worth $2,442,000 after buying an additional 122 shares during the period. Quent Capital LLC increased its stake in shares of iShares MSCI ACWI ETF by 19.9% in the 3rd quarter. Quent Capital LLC now owns 836 shares of the company’s stock worth $100,000 after acquiring an additional 139 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of iShares MSCI ACWI ETF by 0.5% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 27,749 shares of the company’s stock worth $3,119,000 after acquiring an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Stock Performance

iShares MSCI ACWI ETF stock opened at $119.75 on Friday. iShares MSCI ACWI ETF has a fifty-two week low of $96.11 and a fifty-two week high of $121.86. The stock’s 50 day simple moving average is $118.48 and its two-hundred day simple moving average is $114.60. The stock has a market cap of $19.42 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93.

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.