iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 12-Month High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $128.10 and last traded at $127.8470, with a volume of 4291 shares changing hands. The stock had previously closed at $127.42.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.3%

The firm has a 50-day moving average of $124.12 and a two-hundred day moving average of $122.22. The firm has a market capitalization of $3.60 billion, a P/E ratio of 18.66 and a beta of 0.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. VSM Wealth Advisory LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the fourth quarter worth about $46,000. Modus Advisors LLC bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at approximately $57,000. Triumph Capital Management bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at approximately $122,000. Koenig Investment Advisory LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $223,000. Finally, Birchwood Financial Partners Inc. acquired a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $328,000.

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.