iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 52-Week High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $119.71 and last traded at $119.46, with a volume of 184215 shares changing hands. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.2%

The company’s fifty day moving average is $119.51 and its 200 day moving average is $118.68. The stock has a market cap of $3.38 billion, a PE ratio of 18.66 and a beta of 0.57.

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

Hedge funds have recently bought and sold shares of the business. Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI Global Min Vol Factor ETF by 0.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 12,874 shares of the company’s stock valued at $1,527,000 after purchasing an additional 101 shares in the last quarter. Landaas & Co. WI ADV increased its holdings in iShares MSCI Global Min Vol Factor ETF by 2.9% in the second quarter. Landaas & Co. WI ADV now owns 4,575 shares of the company’s stock valued at $542,000 after buying an additional 127 shares during the last quarter. Cox Capital Mgt LLC increased its holdings in iShares MSCI Global Min Vol Factor ETF by 4.5% in the third quarter. Cox Capital Mgt LLC now owns 3,556 shares of the company’s stock valued at $426,000 after buying an additional 152 shares during the last quarter. Strategic Blueprint LLC raised its stake in iShares MSCI Global Min Vol Factor ETF by 7.6% during the third quarter. Strategic Blueprint LLC now owns 2,520 shares of the company’s stock valued at $302,000 after buying an additional 177 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings 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 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.