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

iShares MSCI ACWI ETF (NASDAQ:ACWI) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 17,490,000 shares, a growth of 20.1% from the May 15th total of 14,560,000 shares. Based on an average trading volume of 2,591,100 shares, the short-interest ratio is presently 6.8 days.

iShares MSCI ACWI ETF Trading Down 0.2 %

NASDAQ ACWI opened at $111.66 on Monday. The firm’s fifty day simple moving average is $109.56 and its two-hundred day simple moving average is $106.00. The firm has a market capitalization of $18.65 billion, a P/E ratio of 19.74 and a beta of 0.93. iShares MSCI ACWI ETF has a 12-month low of $88.33 and a 12-month high of $112.79.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Monday, June 17th. Investors of record on Tuesday, June 11th will be paid a dividend of $0.9354 per share. The ex-dividend date is Tuesday, June 11th.

Institutional Investors Weigh In On iShares MSCI ACWI ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SouthState Corp acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter valued at about $30,000. Joseph Group Capital Management increased its stake in iShares MSCI ACWI ETF by 324.6% during the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock valued at $30,000 after purchasing an additional 224 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of iShares MSCI ACWI ETF in the fourth quarter worth $31,000. Sound Income Strategies LLC acquired a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter worth $40,000. Finally, Vima LLC purchased a new stake in shares of iShares MSCI ACWI ETF during the fourth quarter valued at $42,000. 61.52% of the stock is currently 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.