iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 52-Week High at $105.20

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $105.20 and last traded at $104.50, with a volume of 225095 shares trading hands. The stock had previously closed at $104.64.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The stock’s 50-day moving average is $104.37 and its 200 day moving average is $103.04. The firm has a market cap of $4.25 billion, a P/E ratio of 16.96 and a beta of 0.47.

Institutional Investors Weigh In On iShares MSCI Global Min Vol Factor ETF

A number of hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets increased its stake in iShares MSCI Global Min Vol Factor ETF by 6.3% during the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock worth $750,000 after purchasing an additional 425 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of iShares MSCI Global Min Vol Factor ETF by 6.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 8,299 shares of the company’s stock worth $833,000 after acquiring an additional 513 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC raised its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 55.5% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,187 shares of the company’s stock worth $520,000 after acquiring an additional 1,851 shares during the period. Bessemer Group Inc. lifted its position in iShares MSCI Global Min Vol Factor ETF by 1.3% in the 1st quarter. Bessemer Group Inc. now owns 166,436 shares of the company’s stock valued at $17,520,000 after acquiring an additional 2,056 shares in the last quarter. Finally, Garde Capital Inc. acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth $281,000.

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.