iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 1-Year 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 Monday . The company traded as high as $119.71 and last traded at $121.09, with a volume of 184215 shares traded. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The firm has a fifty day simple moving average of $119.58 and a two-hundred day simple moving average of $119.28. The firm has a market cap of $3.41 billion, a PE ratio of 18.66 and a beta of 0.57.

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

Large investors have recently bought and sold shares of the business. Rathbones Group PLC grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 15.7% in the 4th quarter. Rathbones Group PLC now owns 3,177 shares of the company’s stock worth $377,000 after buying an additional 431 shares in the last quarter. Cox Capital Mgt LLC lifted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 3.1% in the 4th quarter. Cox Capital Mgt LLC now owns 3,665 shares of the company’s stock valued at $438,000 after acquiring an additional 109 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF in the fourth quarter worth about $127,000. Triumph Capital Management purchased a new position in iShares MSCI Global Min Vol Factor ETF in the third quarter worth about $122,000. Finally, NewEdge Advisors LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 0.6% during the third quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock worth $3,463,000 after acquiring an additional 181 shares during the last quarter.

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.