iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sees Significant Drop in Short Interest

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the target of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 1,953 shares, a decrease of 94.7% from the October 15th total of 36,528 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 128,736 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares MSCI Global Min Vol Factor ETF

Hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at about $31,000. Parallel Advisors LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter worth about $77,000. Mascoma Wealth Management LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter worth about $228,000. Lynx Investment Advisory purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter worth about $272,000. Finally, First Community Trust NA acquired a new stake in iShares MSCI Global Min Vol Factor ETF during the third quarter worth about $306,000.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.1%

Shares of BATS:ACWV traded down $0.07 during midday trading on Tuesday, reaching $129.97. The company’s stock had a trading volume of 105,977 shares, compared to its average volume of 117,130. The firm has a market capitalization of $3.46 billion, a PE ratio of 19.75 and a beta of 0.50. iShares MSCI Global Min Vol Factor ETF has a twelve month low of $116.96 and a twelve month high of $131.62. The stock has a fifty day moving average of $126.55 and a 200 day moving average of $123.20.

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.