JPMorgan Chase & Co. Trims Stock Holdings in iShares MSCI Global Min Vol Factor ETF $ACWV

JPMorgan Chase & Co. reduced its holdings in shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) by 18.5% in the third quarter, Holdings Channel.com reports. The fund owned 185,493 shares of the company’s stock after selling 42,010 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI Global Min Vol Factor ETF were worth $22,244,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. VSM Wealth Advisory LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF in the second quarter worth $46,000. Cahill Financial Advisors Inc. grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 17.1% in the second quarter. Cahill Financial Advisors Inc. now owns 2,172 shares of the company’s stock worth $258,000 after purchasing an additional 317 shares during the last quarter. Strategic Blueprint LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 7.6% in the 3rd quarter. Strategic Blueprint LLC now owns 2,520 shares of the company’s stock worth $302,000 after buying an additional 177 shares during the period. Coldstream Capital Management Inc. bought a new stake in iShares MSCI Global Min Vol Factor ETF during the 2nd quarter valued at about $313,000. Finally, Cox Capital Mgt LLC boosted its position in iShares MSCI Global Min Vol Factor ETF by 4.5% in the 3rd quarter. Cox Capital Mgt LLC now owns 3,556 shares of the company’s stock valued at $426,000 after buying an additional 152 shares during the period.

iShares MSCI Global Min Vol Factor ETF Price Performance

Shares of ACWV stock opened at $125.20 on Monday. The company has a market capitalization of $3.53 billion, a P/E ratio of 18.66 and a beta of 0.57. The company’s 50-day simple moving average is $121.08 and its two-hundred day simple moving average is $120.11. iShares MSCI Global Min Vol Factor ETF has a one year low of $104.94 and a one year high of $125.28.

iShares MSCI Global Min Vol Factor ETF 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.