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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during trading on Monday . The stock traded as high as $109.12 and last traded at $114.00, with a volume of 90481 shares traded. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Up 6.6 %

The company has a market capitalization of $4.67 billion, a PE ratio of 16.96 and a beta of 0.47. The firm’s 50 day simple moving average is $111.07 and its 200 day simple moving average is $112.58.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lee Danner & Bass Inc. purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at approximately $33,000. Modus Advisors LLC bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $52,000. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at $77,000. AdvisorNet Financial Inc grew its position in iShares MSCI Global Min Vol Factor ETF by 52.5% in the 4th quarter. AdvisorNet Financial Inc now owns 1,388 shares of the company’s stock valued at $152,000 after acquiring an additional 478 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 3,148.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,462 shares of the company’s stock worth $160,000 after purchasing an additional 1,417 shares during the period.

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.