iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Significant Drop in Short Interest

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 586,300 shares, a decrease of 53.8% from the September 30th total of 1,270,000 shares. Based on an average daily volume of 778,900 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

A number of hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI ACWI ex U.S. ETF by 39.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 99,582 shares of the company’s stock valued at $5,317,000 after acquiring an additional 28,417 shares during the last quarter. Cornerstone Wealth Group LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 0.3% during the first quarter. Cornerstone Wealth Group LLC now owns 395,995 shares of the company’s stock worth $21,142,000 after buying an additional 1,025 shares in the last quarter. Mirador Capital Partners LP lifted its position in iShares MSCI ACWI ex U.S. ETF by 24.6% during the first quarter. Mirador Capital Partners LP now owns 6,695 shares of the company’s stock worth $357,000 after buying an additional 1,320 shares in the last quarter. Colton Groome Financial Advisors LLC boosted its stake in iShares MSCI ACWI ex U.S. ETF by 9.3% during the first quarter. Colton Groome Financial Advisors LLC now owns 6,548 shares of the company’s stock worth $350,000 after buying an additional 555 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 57.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 137,650 shares of the company’s stock valued at $7,349,000 after buying an additional 50,000 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX opened at $55.18 on Monday. The stock has a 50 day moving average price of $55.78 and a 200 day moving average price of $54.27. iShares MSCI ACWI ex U.S. ETF has a one year low of $44.89 and a one year high of $57.96. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82.

About iShares MSCI ACWI ex U.S. ETF

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.