iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Down 42.7% in July

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

Institutional Trading of iShares MSCI ACWI ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 16.9% during the first quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after buying an additional 1,585 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI ACWI ETF by 101.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after acquiring an additional 2,365 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in iShares MSCI ACWI ETF during the 2nd quarter valued at $270,000. First Trust Advisors LP boosted its holdings in iShares MSCI ACWI ETF by 66.1% during the 2nd quarter. First Trust Advisors LP now owns 5,339 shares of the company’s stock valued at $687,000 after acquiring an additional 2,125 shares during the period. Finally, Quantinno Capital Management LP grew its position in iShares MSCI ACWI ETF by 333.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,142 shares of the company’s stock valued at $6,448,000 after acquiring an additional 38,569 shares during the last quarter. 61.52% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Stock Down 1.3%

NASDAQ ACWI opened at $152.47 on Thursday. The company has a fifty day moving average of $156.23 and a two-hundred day moving average of $149.55. The firm has a market capitalization of $32.02 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. iShares MSCI ACWI ETF has a 52 week low of $127.77 and a 52 week high of $160.03.

iShares MSCI ACWI ETF Announces Dividend

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

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.