iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 12-Month High – Still a Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during trading on Thursday . The stock traded as high as $128.10 and last traded at $127.8470, with a volume of 4291 shares trading hands. The stock had previously closed at $127.42.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.6%

The company has a market capitalization of $3.60 billion, a P/E ratio of 18.66 and a beta of 0.57. The firm’s 50 day moving average price is $124.48 and its two-hundred day moving average price is $122.29.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. VSM Wealth Advisory LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at $46,000. Modus Advisors LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth about $57,000. Triumph Capital Management bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at about $122,000. Koenig Investment Advisory LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at about $223,000. Finally, Birchwood Financial Partners Inc. acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the fourth quarter valued at about $328,000.

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.