iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 12-Month High – Still a Buy?

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high on Monday . The stock traded as high as $119.71 and last traded at $120.8880, with a volume of 184215 shares. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Price Performance

The firm has a market cap of $3.42 billion, a PE ratio of 18.66 and a beta of 0.57. The firm has a 50-day simple moving average of $119.67 and a 200 day simple moving average of $119.36.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. VSM Wealth Advisory LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter valued at approximately $46,000. Triumph Capital Management bought a new position in iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at approximately $122,000. Holos Integrated Wealth LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at $127,000. Cahill Financial Advisors Inc. boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 17.1% in the second quarter. Cahill Financial Advisors Inc. now owns 2,172 shares of the company’s stock worth $258,000 after acquiring an additional 317 shares in the last quarter. Finally, Strategic Blueprint LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF in the second quarter worth $278,000.

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.