iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 52-Week High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $128.53 and last traded at $128.53, with a volume of 116,563 shares trading hands. The stock had previously closed at $127.08.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.1%

The company’s fifty day simple moving average is $125.96 and its 200 day simple moving average is $123.21. The firm has a market capitalization of $3.62 billion, a PE ratio of 18.66 and a beta of 0.57.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Bulwark Capital Corp lifted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 47.8% in the 2nd quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock valued at $863,000 after purchasing an additional 2,324 shares during the period. Farther Finance Advisors LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter worth $813,000. Rathbones Group PLC grew its stake in iShares MSCI Global Min Vol Factor ETF by 11.0% in the first quarter. Rathbones Group PLC now owns 3,528 shares of the company’s stock worth $422,000 after purchasing an additional 351 shares during the period. First Community Trust NA bought a new position in iShares MSCI Global Min Vol Factor ETF in the third quarter worth $306,000. Finally, Root Financial Partners LLC bought a new position in iShares MSCI Global Min Vol Factor ETF in the third quarter worth $31,000.

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.