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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWVGet Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $119.71 and last traded at $119.4540, with a volume of 184215 shares trading hands. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.6%

The firm has a market cap of $3.36 billion, a P/E ratio of 18.66 and a beta of 0.57. The business has a fifty day simple moving average of $119.51 and a 200-day simple moving average of $118.99.

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 ACWV. Keystone Global Partners LLC lifted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 2,830.8% during the second quarter. Keystone Global Partners LLC now owns 381 shares of the company’s stock valued at $45,000 after purchasing an additional 368 shares during the last quarter. VSM Wealth Advisory LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF in the second quarter worth $46,000. Triumph Capital Management purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter worth $122,000. Lynx Investment Advisory bought a new position in iShares MSCI Global Min Vol Factor ETF in the 2nd quarter valued at approximately $207,000. Finally, Cahill Financial Advisors Inc. boosted its stake in iShares MSCI Global Min Vol Factor ETF by 17.1% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 2,172 shares of the company’s stock valued at $258,000 after purchasing an additional 317 shares during the last quarter.

About iShares MSCI Global Min Vol Factor ETF

(Get Free Report)

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.

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