iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 1-Year High – Still a Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $119.71 and last traded at $122.7160, 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 stock has a market cap of $3.48 billion, a price-to-earnings ratio of 18.66 and a beta of 0.57. The firm’s 50-day simple moving average is $119.91 and its two-hundred day simple moving average is $119.56.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ACWV. VSM Wealth Advisory LLC bought a new position in iShares MSCI Global Min Vol Factor ETF in the 2nd quarter worth approximately $46,000. Triumph Capital Management acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at $122,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at $127,000. Cahill Financial Advisors Inc. raised its position in shares of iShares MSCI Global Min Vol Factor ETF by 17.1% during the second quarter. Cahill Financial Advisors Inc. now owns 2,172 shares of the company’s stock worth $258,000 after acquiring an additional 317 shares during the last quarter. Finally, Strategic Blueprint LLC bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter worth $278,000.

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.