iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Trading 0.3% Higher – Here’s Why

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares were up 0.3% on Wednesday . The company traded as high as $121.54 and last traded at $121.12. Approximately 132,225 shares changed hands during trading, a decline of 8% from the average daily volume of 143,231 shares. The stock had previously closed at $120.78.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.3%

The stock has a market capitalization of $3.42 billion, a P/E ratio of 18.66 and a beta of 0.57. The stock’s 50 day simple moving average is $120.87 and its 200 day simple moving average is $120.43.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. VSM Wealth Advisory LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $46,000. Modus Advisors LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $57,000. Triumph Capital Management bought a new position in iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at $122,000. Holos Integrated Wealth LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $127,000. Finally, Koenig Investment Advisory LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $223,000.

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.