Short Interest in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Declines By 97.7%

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,107 shares, a drop of 97.7% from the June 15th total of 91,985 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 164,639 shares, the short-interest ratio is presently 0.0 days.

iShares MSCI Global Min Vol Factor ETF Price Performance

Shares of BATS ACWV traded up $0.41 during midday trading on Friday, reaching $122.40. 55,990 shares of the company traded hands, compared to its average volume of 130,569. The stock has a 50-day moving average price of $121.12 and a 200 day moving average price of $120.94. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 18.66 and a beta of 0.57. iShares MSCI Global Min Vol Factor ETF has a 52 week low of $116.13 and a 52 week high of $125.28.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. M Holdings Securities Inc. purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter valued at $4,523,000. John A. Wolfe & Associates Inc. purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $6,600,000. Koenig Investment Advisory LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $223,000. Birchwood Financial Partners Inc. acquired a new stake in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth about $328,000. Finally, Modus Advisors LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth about $57,000.

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.