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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price hit a new 52-week high during 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 Performance

The firm has a market cap of $4.42 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47. The business has a fifty day moving average of $111.90 and a two-hundred day moving average of $111.39.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ACWV. Modus Advisors LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $52,000. Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI Global Min Vol Factor ETF during the third quarter worth about $77,000. AdvisorNet Financial Inc grew its position in shares of iShares MSCI Global Min Vol Factor ETF by 52.5% in the fourth quarter. AdvisorNet Financial Inc now owns 1,388 shares of the company’s stock valued at $152,000 after purchasing an additional 478 shares during the last quarter. Lynx Investment Advisory increased its stake in shares of iShares MSCI Global Min Vol Factor ETF by 17.9% during the 3rd quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock worth $231,000 after purchasing an additional 306 shares in the last quarter. Finally, Cable Hill Partners LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth approximately $246,000.

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.