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 share price reached a new 52-week high on Monday . The stock traded as high as $119.71 and last traded at $118.6950, with a volume of 184215 shares changing hands. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.6%

The business has a 50 day moving average of $119.55 and a 200-day moving average of $118.95. The stock has a market cap of $3.36 billion, a PE ratio of 18.66 and a beta of 0.57.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

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

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.