iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 52-Week High – Should You Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares reached a new 52-week high on Tuesday . The company traded as high as $119.71 and last traded at $119.0190, with a volume of 184215 shares. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Price Performance

The business’s 50 day simple moving average is $119.58 and its 200-day simple moving average is $119.19. The stock has a market capitalization of $3.37 billion, a P/E ratio of 18.66 and a beta of 0.57.

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

A number of institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC increased its holdings in 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 purchasing an additional 101 shares during the last quarter. Cox Capital Mgt LLC increased its stake in shares of iShares MSCI Global Min Vol Factor ETF by 3.1% in the 4th quarter. Cox Capital Mgt LLC now owns 3,665 shares of the company’s stock valued at $438,000 after acquiring an additional 109 shares during the last quarter. Landaas & Co. WI ADV increased its stake in shares of iShares MSCI Global Min Vol Factor ETF by 2.9% in the 2nd quarter. Landaas & Co. WI ADV now owns 4,575 shares of the company’s stock valued at $542,000 after acquiring an additional 127 shares during the last quarter. Strategic Blueprint LLC raised its holdings in iShares MSCI Global Min Vol Factor ETF by 7.6% in the third quarter. Strategic Blueprint LLC now owns 2,520 shares of the company’s stock worth $302,000 after purchasing an additional 177 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of 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 during the period.

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.