iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 12-Month High – What’s Next?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $124.20 and last traded at $124.04, with a volume of 18178 shares traded. The stock had previously closed at $124.02.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.9%

The stock has a 50 day simple moving average of $121.08 and a 200-day simple moving average of $120.09. The firm has a market cap of $3.53 billion, a PE ratio of 18.66 and a beta of 0.57.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Cox Capital Mgt LLC grew its holdings in iShares MSCI Global Min Vol Factor ETF by 3.1% during the 4th quarter. Cox Capital Mgt LLC now owns 3,665 shares of the company’s stock valued at $438,000 after buying an additional 109 shares in the last quarter. Vantage Financial Partners LLC boosted its position in shares of iShares MSCI Global Min Vol Factor ETF by 0.8% during the fourth quarter. Vantage Financial Partners LLC now owns 15,792 shares of the company’s stock worth $1,875,000 after acquiring an additional 120 shares during the last quarter. Landaas & Co. WI ADV grew its stake in iShares MSCI Global Min Vol Factor ETF by 2.9% during the second quarter. Landaas & Co. WI ADV now owns 4,575 shares of the company’s stock valued at $542,000 after acquiring an additional 127 shares in the last quarter. Strategic Blueprint LLC grew its stake in iShares MSCI Global Min Vol Factor ETF by 7.6% during the third quarter. Strategic Blueprint LLC now owns 2,520 shares of the company’s stock valued at $302,000 after acquiring an additional 177 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in iShares MSCI Global Min Vol Factor ETF by 0.6% in the 3rd quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock valued at $3,463,000 after acquiring an additional 181 shares during the last quarter.

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.