iShares MSCI ACWI ETF (NASDAQ:ACWI) Short Interest Down 38.8% in July

iShares MSCI ACWI ETF (NASDAQ:ACWI) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 5,150,000 shares, adropof38.8% from the July 15th total of 8,410,000 shares. Based on an average daily volume of 3,086,100 shares, the short-interest ratio is currently 1.7 days. Approximately3.0% of the shares of the stock are short sold. Approximately3.0% of the shares of the stock are short sold. Based on an average daily volume of 3,086,100 shares, the short-interest ratio is currently 1.7 days.

iShares MSCI ACWI ETF Price Performance

Shares of ACWI opened at $133.41 on Tuesday. The firm has a 50 day simple moving average of $129.18 and a 200-day simple moving average of $122.38. iShares MSCI ACWI ETF has a 1-year low of $101.25 and a 1-year high of $133.74. The stock has a market cap of $22.63 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a dividend of $0.9612 per share. The ex-dividend date of this dividend was Monday, June 16th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Johns Hopkins University increased its stake in iShares MSCI ACWI ETF by 8.2% in the first quarter. Johns Hopkins University now owns 4,166,396 shares of the company’s stock valued at $484,927,000 after purchasing an additional 316,364 shares during the last quarter. Qalhat Capital Ltd increased its stake in shares of iShares MSCI ACWI ETF by 46.4% during the 2nd quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock valued at $461,443,000 after acquiring an additional 1,137,134 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of iShares MSCI ACWI ETF by 2.3% during the 4th quarter. BNP Paribas Financial Markets now owns 2,436,098 shares of the company’s stock valued at $286,242,000 after acquiring an additional 55,462 shares during the last quarter. Phoenix Financial Ltd. increased its stake in shares of iShares MSCI ACWI ETF by 73,377.9% during the 2nd quarter. Phoenix Financial Ltd. now owns 2,292,511 shares of the company’s stock valued at $294,817,000 after acquiring an additional 2,289,391 shares during the last quarter. Finally, P E Global LLC increased its stake in shares of iShares MSCI ACWI ETF by 0.6% during the 2nd quarter. P E Global LLC now owns 2,215,307 shares of the company’s stock valued at $284,888,000 after acquiring an additional 13,989 shares during 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.