iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sees Significant Drop in Short Interest

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 1,953 shares, a drop of 94.7% from the October 15th total of 36,528 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 128,736 shares, the days-to-cover ratio is currently 0.0 days.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.1%

ACWV traded down $0.07 on Tuesday, reaching $129.97. The stock had a trading volume of 105,977 shares, compared to its average volume of 117,130. iShares MSCI Global Min Vol Factor ETF has a 12-month low of $116.96 and a 12-month high of $131.62. The business’s 50-day moving average price is $126.55 and its two-hundred day moving average price is $123.20. The company has a market cap of $3.46 billion, a P/E ratio of 19.75 and a beta of 0.50.

Institutional Investors Weigh In On iShares MSCI Global Min Vol Factor ETF

Institutional investors have recently modified their holdings of the business. Western Wealth Management LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at approximately $371,000. Thoroughbred Financial Services LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth about $371,000. Bessemer Group Inc. purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at about $20,353,000. Harbour Investments Inc. purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at about $328,000. Finally, Parallel Advisors LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at about $77,000.

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.