iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 12-Month High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWVGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $109.12 and last traded at $113.56, with a volume of 90481 shares traded. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The firm’s 50-day moving average price is $110.93 and its two-hundred day moving average price is $112.33. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47.

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

Several large investors have recently modified their holdings of the business. Modus Advisors LLC acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth about $52,000. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter valued at about $1,729,000. Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI Global Min Vol Factor ETF by 55.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 14,403 shares of the company’s stock valued at $1,573,000 after acquiring an additional 5,134 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth approximately $77,000. Finally, AdvisorNet Financial Inc boosted its position in shares of iShares MSCI Global Min Vol Factor ETF by 52.5% during the 4th quarter. AdvisorNet Financial Inc now owns 1,388 shares of the company’s stock worth $152,000 after purchasing an additional 478 shares during the period.

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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