iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Short Interest Up 301.7% in August

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 43,660 shares, an increase of 301.7% from the August 15th total of 10,869 shares. Based on an average daily volume of 69,507 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. John A. Wolfe & Associates Inc. purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter worth approximately $6,600,000. Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 1.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 239,112 shares of the company’s stock valued at $28,676,000 after purchasing an additional 4,215 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $328,000. Bulwark Capital Corp grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 47.8% during the 2nd quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock valued at $863,000 after purchasing an additional 2,324 shares during the last quarter. Finally, Koenig Investment Advisory LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth $223,000.

iShares MSCI Global Min Vol Factor ETF Stock Performance

ACWV opened at $125.97 on Monday. The stock has a 50-day moving average price of $124.99 and a 200-day moving average price of $122.37. iShares MSCI Global Min Vol Factor ETF has a 12-month low of $116.96 and a 12-month high of $128.45. The stock has a market capitalization of $3.55 billion, a P/E ratio of 18.66 and a beta of 0.57.

About iShares MSCI Global Min Vol Factor ETF

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.