iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 1-Year High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $115.64 and last traded at $114.72, with a volume of 51431 shares trading hands. The stock had previously closed at $114.93.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.3 %

The company has a market cap of $4.60 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47. The business’s fifty day simple moving average is $113.95 and its two-hundred day simple moving average is $110.45.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of ACWV. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI Global Min Vol Factor ETF during the third quarter valued at about $77,000. Lynx Investment Advisory raised its stake in shares of iShares MSCI Global Min Vol Factor ETF by 17.9% in the 3rd quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock valued at $231,000 after acquiring an additional 306 shares during the period. Cable Hill Partners LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at $246,000. Vantage Financial Partners LLC lifted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 24.2% during the 2nd quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock valued at $1,236,000 after acquiring an additional 2,301 shares in the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF during the 2nd quarter worth $1,566,000.

iShares MSCI Global Min Vol Factor ETF Company Profile

The iShares MSCI Global Min Vol Factor ETF (ACWV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global stocks selected and weighted to create a low volatility portfolio. ACWV was launched on Oct 18, 2011 and is managed by BlackRock.