iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 52-Week High – Still a Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $119.71 and last traded at $121.09, with a volume of 184215 shares traded. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.9%

The stock has a fifty day simple moving average of $119.52 and a two-hundred day simple moving average of $119.23. The firm has a market cap of $3.41 billion, a PE ratio of 18.66 and a beta of 0.57.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Keystone Global Partners LLC boosted its stake in iShares MSCI Global Min Vol Factor ETF by 2,830.8% during the second quarter. Keystone Global Partners LLC now owns 381 shares of the company’s stock valued at $45,000 after buying an additional 368 shares during the period. Fifth Third Securities Inc. bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 2nd quarter valued at about $493,000. Janney Montgomery Scott LLC boosted its position in shares of iShares MSCI Global Min Vol Factor ETF by 0.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 12,874 shares of the company’s stock valued at $1,527,000 after acquiring an additional 101 shares during the last quarter. Lynx Investment Advisory purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter worth about $207,000. Finally, Lester Murray Antman dba SimplyRich increased its position in shares of iShares MSCI Global Min Vol Factor ETF by 2.0% in the second quarter. Lester Murray Antman dba SimplyRich now owns 15,985 shares of the company’s stock worth $1,895,000 after purchasing an additional 314 shares during 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.