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 decline in short interest in the month of June. As of June 15th, there was short interest totalling 854,000 shares, a decline of 56.2% from the May 31st total of 1,950,000 shares. Based on an average daily trading volume, of 1,074,900 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On iShares MSCI ACWI ex U.S. ETF

Several institutional investors and hedge funds have recently bought and sold shares of ACWX. LPL Financial LLC grew its stake in iShares MSCI ACWI ex U.S. ETF by 12.6% during the 3rd quarter. LPL Financial LLC now owns 133,482 shares of the company’s stock valued at $6,275,000 after acquiring an additional 14,978 shares in the last quarter. Lazard Asset Management LLC grew its stake in iShares MSCI ACWI ex U.S. ETF by 135.0% during the 3rd quarter. Lazard Asset Management LLC now owns 276,662 shares of the company’s stock valued at $13,005,000 after acquiring an additional 158,957 shares in the last quarter. Glenmede Trust Co. NA grew its stake in iShares MSCI ACWI ex U.S. ETF by 2.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,164,078 shares of the company’s stock valued at $54,723,000 after acquiring an additional 29,799 shares in the last quarter. Ariel Investments LLC grew its stake in iShares MSCI ACWI ex U.S. ETF by 29.2% during the 3rd quarter. Ariel Investments LLC now owns 173,673 shares of the company’s stock valued at $8,164,000 after acquiring an additional 39,278 shares in the last quarter. Finally, Lido Advisors LLC grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 38.2% in the 3rd quarter. Lido Advisors LLC now owns 553,648 shares of the company’s stock valued at $26,027,000 after buying an additional 152,911 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Price Performance

NASDAQ:ACWX opened at $53.13 on Friday. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $44.89 and a fifty-two week high of $55.21. The stock’s 50-day moving average is $53.62 and its two-hundred day moving average is $52.17. The stock has a market cap of $4.61 billion, a PE ratio of 14.05 and a beta of 0.82.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.7839 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

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.