iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 1-Year High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $119.71 and last traded at $118.6950, with a volume of 184215 shares changing hands. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The firm has a market capitalization of $3.35 billion, a PE ratio of 18.66 and a beta of 0.57. The company’s 50-day moving average price is $119.56 and its 200-day moving average price is $118.94.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Several large investors have recently bought and sold shares of ACWV. Flow Traders U.S. LLC grew its stake in iShares MSCI Global Min Vol Factor ETF by 1,525.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 220,764 shares of the company’s stock worth $26,176,000 after buying an additional 207,184 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI Global Min Vol Factor ETF by 24.6% in the second quarter. JPMorgan Chase & Co. now owns 227,503 shares of the company’s stock valued at $26,975,000 after buying an additional 44,909 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF in the first quarter valued at approximately $3,326,000. Janney Montgomery Scott LLC boosted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 0.8% in the second quarter. Janney Montgomery Scott LLC now owns 12,874 shares of the company’s stock valued at $1,527,000 after acquiring an additional 101 shares during the period. Finally, Fifth Third Securities Inc. purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter worth approximately $493,000.

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.