iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 1-Year High – Still a Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWVGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $113.92 and last traded at $113.28, with a volume of 91557 shares changing hands. The stock had previously closed at $112.93.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The company has a market cap of $4.56 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47. The company has a fifty day moving average of $113.67 and a two-hundred day moving average of $108.30.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Hedge funds have recently made changes to their positions in the company. Magnolia Capital Advisors LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the second quarter valued at approximately $1,566,000. Vantage Financial Partners LLC increased its position in iShares MSCI Global Min Vol Factor ETF by 24.2% in the 2nd quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock valued at $1,236,000 after acquiring an additional 2,301 shares during the period. Bessemer Group Inc. raised its stake in shares of iShares MSCI Global Min Vol Factor ETF by 1.3% during the first quarter. Bessemer Group Inc. now owns 166,436 shares of the company’s stock valued at $17,520,000 after acquiring an additional 2,056 shares during the last quarter. Lynx Investment Advisory acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter worth $179,000. Finally, BNP Paribas Financial Markets grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 6.3% in the first quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock worth $750,000 after purchasing an additional 425 shares during the last quarter.

About iShares MSCI Global Min Vol Factor ETF

(Get Free Report)

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.

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