iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 52-Week High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $113.32 and last traded at $112.68, with a volume of 101013 shares traded. The stock had previously closed at $113.22.

iShares MSCI Global Min Vol Factor ETF Price Performance

The business has a fifty day moving average of $113.91 and a 200 day moving average of $110.65. The stock has a market cap of $4.56 billion, a PE ratio of 16.96 and a beta of 0.47.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Several large investors have recently modified their holdings of ACWV. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter valued at about $77,000. Lynx Investment Advisory raised its position in shares of iShares MSCI Global Min Vol Factor ETF by 17.9% during the 3rd quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock valued at $231,000 after acquiring an additional 306 shares in the last quarter. Cable Hill Partners LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the third quarter worth $246,000. Vantage Financial Partners LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 24.2% during the second quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock valued at $1,236,000 after purchasing an additional 2,301 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter worth $1,566,000.

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.