Brown Brothers Harriman & Co. Takes $1.73 Million Position in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)

Brown Brothers Harriman & Co. purchased a new position in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) during the third quarter, Holdings Channel reports. The firm purchased 15,097 shares of the company’s stock, valued at approximately $1,729,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Magnolia Capital Advisors LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the second quarter valued at $1,566,000. Vantage Financial Partners LLC lifted its stake in shares of 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 purchasing an additional 2,301 shares during the period. Cable Hill Partners LLC bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at about $246,000. Lynx Investment Advisory acquired a new stake in iShares MSCI Global Min Vol Factor ETF during the second quarter worth approximately $179,000. Finally, Summit Financial LLC increased its holdings in iShares MSCI Global Min Vol Factor ETF by 0.9% in the second quarter. Summit Financial LLC now owns 25,468 shares of the company’s stock worth $2,665,000 after purchasing an additional 232 shares in the last quarter.

iShares MSCI Global Min Vol Factor ETF Stock Performance

Shares of ACWV opened at $114.35 on Tuesday. The firm has a market cap of $4.63 billion, a PE ratio of 16.96 and a beta of 0.47. iShares MSCI Global Min Vol Factor ETF has a 52-week low of $77.01 and a 52-week high of $88.22. The business’s 50 day moving average price is $113.78 and its two-hundred day moving average price is $109.71.

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.