iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 1-Year High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $126.02 and last traded at $125.73, with a volume of 3625 shares changing hands. The stock had previously closed at $125.56.

iShares MSCI Global Min Vol Factor ETF Stock Up 0.3%

The company has a market capitalization of $3.55 billion, a P/E ratio of 18.66 and a beta of 0.57. The business has a fifty day moving average price of $121.81 and a 200 day moving average price of $121.47.

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

A number of large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 1.8% in the third quarter. Ameriprise Financial Inc. now owns 239,112 shares of the company’s stock worth $28,676,000 after purchasing an additional 4,215 shares in the last quarter. John A. Wolfe & Associates Inc. acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at $6,600,000. NewEdge Advisors LLC lifted its position in iShares MSCI Global Min Vol Factor ETF by 0.6% during the 3rd quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock worth $3,463,000 after buying an additional 181 shares in the last quarter. Vantage Financial Partners LLC boosted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 0.8% during the 4th quarter. Vantage Financial Partners LLC now owns 15,792 shares of the company’s stock worth $1,875,000 after buying an additional 120 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 2.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,838 shares of the company’s stock worth $1,287,000 after buying an additional 231 shares during the last quarter.

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.