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

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during trading on Monday . The company traded as high as $109.12 and last traded at $113.23, with a volume of 90481 shares traded. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Trading Up 5.0 %

The company has a market cap of $4.60 billion, a PE ratio of 16.96 and a beta of 0.47. The firm’s 50-day simple moving average is $111.06 and its two-hundred day simple moving average is $112.09.

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

Several institutional investors and hedge funds have recently made changes to their positions in ACWV. Brown Brothers Harriman & Co. acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at $1,729,000. Janney Montgomery Scott LLC grew its stake in iShares MSCI Global Min Vol Factor ETF by 55.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,403 shares of the company’s stock valued at $1,573,000 after purchasing an additional 5,134 shares during the last quarter. Cable Hill Partners LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter valued at about $246,000. Lynx Investment Advisory raised its stake in shares of iShares MSCI Global Min Vol Factor ETF by 17.9% in the third quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock worth $231,000 after purchasing an additional 306 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 3,148.9% during 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.