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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $119.71 and last traded at $120.8090, with a volume of 184215 shares trading hands. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Price Performance

The stock has a market capitalization of $3.40 billion, a P/E ratio of 18.66 and a beta of 0.57. The company’s 50 day simple moving average is $119.61 and its two-hundred day simple moving average is $118.82.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI Global Min Vol Factor ETF by 1.8% in the third quarter. Ameriprise Financial Inc. now owns 239,112 shares of the company’s stock valued at $28,676,000 after buying an additional 4,215 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI Global Min Vol Factor ETF by 24.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 227,503 shares of the company’s stock valued at $26,975,000 after acquiring an additional 44,909 shares in the last quarter. Flow Traders U.S. LLC increased its position in iShares MSCI Global Min Vol Factor ETF by 1,525.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 220,764 shares of the company’s stock valued at $26,176,000 after acquiring an additional 207,184 shares in the last quarter. M Holdings Securities Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter worth about $4,523,000. Finally, NewEdge Advisors LLC lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 0.6% during the third quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock worth $3,463,000 after purchasing an additional 181 shares in the last quarter.

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.