iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 12-Month High – Should You Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $125.47 and last traded at $125.22, with a volume of 43605 shares traded. The stock had previously closed at $124.65.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The company has a market cap of $3.54 billion, a price-to-earnings ratio of 18.66 and a beta of 0.57. The stock’s fifty day moving average is $121.41 and its two-hundred day moving average is $121.21.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of ACWV. Bulwark Capital Corp boosted its position in shares of iShares MSCI Global Min Vol Factor ETF by 47.8% during the second quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock valued at $863,000 after buying an additional 2,324 shares during the last quarter. Rathbones Group PLC raised its position in iShares MSCI Global Min Vol Factor ETF by 11.0% in the 1st quarter. Rathbones Group PLC now owns 3,528 shares of the company’s stock valued at $422,000 after buying an additional 351 shares during the last quarter. John A. Wolfe & Associates Inc. purchased a new stake in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at $6,600,000. Koenig Investment Advisory LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $223,000. Finally, Birchwood Financial Partners Inc. bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $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.