iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 1-Year High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $109.12 and last traded at $109.10, with a volume of 90481 shares traded. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Up 1.2 %

The business has a 50-day moving average of $111.68 and a 200-day moving average of $111.41. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47.

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

Institutional investors have recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new position in iShares MSCI Global Min Vol Factor ETF during the third quarter valued at approximately $1,729,000. Magnolia Capital Advisors LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 2nd quarter worth $1,566,000. Janney Montgomery Scott LLC raised its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 55.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,403 shares of the company’s stock valued at $1,573,000 after purchasing an additional 5,134 shares in the last quarter. Cable Hill Partners LLC acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at $246,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter worth $77,000.

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.