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

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high on Wednesday . The stock traded as high as $125.47 and last traded at $125.22, with a volume of 43605 shares traded. The stock had previously closed at $124.65.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.0%

The firm has a 50-day moving average of $121.52 and a 200 day moving average of $121.29. The company has a market cap of $3.52 billion, a P/E ratio of 18.66 and a beta of 0.57.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ACWV. Ameriprise Financial Inc. grew its holdings in 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 during the period. Triumph Capital Management acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at about $122,000. NewEdge Advisors LLC increased its position in iShares MSCI Global Min Vol Factor ETF by 0.6% in the 3rd quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock valued at $3,463,000 after buying an additional 181 shares in the last quarter. Rathbones Group PLC raised its stake in iShares MSCI Global Min Vol Factor ETF by 15.7% during the 4th quarter. Rathbones Group PLC now owns 3,177 shares of the company’s stock worth $377,000 after buying an additional 431 shares during the period. Finally, Vantage Financial Partners LLC boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 0.8% in the fourth quarter. Vantage Financial Partners LLC now owns 15,792 shares of the company’s stock worth $1,875,000 after acquiring an additional 120 shares in 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.