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

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 8,460,000 shares, a drop 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 Investors Weigh In On iShares MSCI ACWI ETF

A number of institutional investors have recently added to or reduced their stakes in ACWI. Jane Street Group LLC lifted its holdings in shares of iShares MSCI ACWI ETF by 804.0% in the first quarter. Jane Street Group LLC now owns 8,834,809 shares of the company’s stock valued at $972,978,000 after buying an additional 7,857,479 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in iShares MSCI ACWI ETF by 16,345.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 916,174 shares of the company’s stock valued at $109,529,000 after acquiring an additional 910,603 shares during the last quarter. Johns Hopkins University boosted its position in shares of iShares MSCI ACWI ETF by 15.5% during the 2nd quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock valued at $667,154,000 after purchasing an additional 798,483 shares in the last quarter. Lee Johnson Capital Management LLC acquired a new position in shares of iShares MSCI ACWI ETF in the 2nd quarter worth approximately $38,335,000. Finally, DRW Securities LLC raised its holdings in shares of iShares MSCI ACWI ETF by 842.9% in the 3rd quarter. DRW Securities LLC now owns 353,777 shares of the company’s stock worth $42,294,000 after purchasing an additional 316,256 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Trading Down 0.9 %

ACWI stock opened at $118.64 on Friday. The firm’s 50-day moving average is $118.59 and its two-hundred day moving average is $114.64. The company has a market capitalization of $19.24 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 52 week low of $96.11 and a 52 week high of $121.86.

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.