iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 12-Month High – Time to Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $115.64 and last traded at $114.72, with a volume of 51431 shares. The stock had previously closed at $114.93.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.3 %

The company has a market cap of $4.60 billion, a P/E ratio of 16.96 and a beta of 0.47. The firm’s 50 day moving average is $113.95 and its two-hundred day moving average is $110.45.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

A number of large investors have recently bought and sold shares of ACWV. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter worth approximately $77,000. Lynx Investment Advisory lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 17.9% during the 3rd quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock valued at $231,000 after acquiring an additional 306 shares during the period. Cable Hill Partners LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the third quarter worth $246,000. Vantage Financial Partners LLC grew its holdings in iShares MSCI Global Min Vol Factor ETF by 24.2% in the second quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock worth $1,236,000 after purchasing an additional 2,301 shares during the period. Finally, Magnolia Capital Advisors LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF in the second quarter valued at $1,566,000.

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.