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 drop in short interest in December. As of December 31st, there was short interest totalling 682,500 shares, a drop of 67.0% from the December 15th total of 2,070,000 shares. Based on an average trading volume of 1,163,900 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

Hedge funds have recently made changes to their positions in the stock. National Bank of Canada FI lifted its stake in iShares MSCI ACWI ex U.S. ETF by 1,622.0% during the second quarter. National Bank of Canada FI now owns 861 shares of the company’s stock worth $46,000 after purchasing an additional 811 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 52.3% during the 2nd quarter. Private Advisor Group LLC now owns 11,460 shares of the company’s stock valued at $609,000 after buying an additional 3,934 shares in the last quarter. Wealthspire Advisors LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth approximately $420,000. Envestnet Asset Management Inc. boosted its stake in iShares MSCI ACWI ex U.S. ETF by 36.6% in the second quarter. Envestnet Asset Management Inc. now owns 674,605 shares of the company’s stock worth $35,842,000 after buying an additional 180,622 shares in the last quarter. Finally, Blair William & Co. IL grew its position in iShares MSCI ACWI ex U.S. ETF by 1.9% during the second quarter. Blair William & Co. IL now owns 273,981 shares of the company’s stock valued at $14,557,000 after acquiring an additional 5,172 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.4 %

Shares of NASDAQ ACWX opened at $51.39 on Tuesday. The business has a 50-day moving average of $53.56 and a 200-day moving average of $54.41. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $48.68 and a 12 month high of $57.96.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.7673 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.