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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during trading on Tuesday . The stock traded as high as $127.79 and last traded at $127.79, with a volume of 2161 shares trading hands. The stock had previously closed at $127.21.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The stock has a 50 day moving average of $123.02 and a two-hundred day moving average of $121.99. The stock has a market cap of $3.60 billion, a PE ratio of 18.66 and a beta of 0.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ACWV. Bulwark Capital Corp increased its position in shares of iShares MSCI Global Min Vol Factor ETF by 47.8% in the second quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock worth $863,000 after acquiring an additional 2,324 shares in the last quarter. Rathbones Group PLC lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 11.0% in the 1st quarter. Rathbones Group PLC now owns 3,528 shares of the company’s stock valued at $422,000 after acquiring an additional 351 shares in the last quarter. John A. Wolfe & Associates Inc. purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $6,600,000. Koenig Investment Advisory LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth approximately $223,000. Finally, Birchwood Financial Partners Inc. acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth approximately $328,000.

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.