iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 12-Month High – Should You Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as $128.53 and last traded at $128.53, with a volume of 116,563 shares trading hands. The stock had previously closed at $127.08.

iShares MSCI Global Min Vol Factor ETF Stock Up 1.1%

The company has a market cap of $3.62 billion, a P/E ratio of 18.66 and a beta of 0.57. The business’s 50 day moving average is $125.88 and its 200 day moving average is $123.09.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bulwark Capital Corp grew its stake in iShares MSCI Global Min Vol Factor ETF by 47.8% in the second quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock valued at $863,000 after purchasing an additional 2,324 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth approximately $813,000. Rathbones Group PLC grew its position in shares of iShares MSCI Global Min Vol Factor ETF by 11.0% in the 1st quarter. Rathbones Group PLC now owns 3,528 shares of the company’s stock worth $422,000 after buying an additional 351 shares during the last quarter. Finally, First Community Trust NA purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth approximately $306,000.

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.