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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares reached a new 52-week high on Monday . The stock traded as high as $109.12 and last traded at $111.68, with a volume of 90481 shares. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The business’s 50 day moving average price is $111.26 and its 200-day moving average price is $111.87. The firm has a market cap of $4.57 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of ACWV. Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at approximately $1,729,000. Janney Montgomery Scott LLC boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 55.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 14,403 shares of the company’s stock worth $1,573,000 after purchasing an additional 5,134 shares during the period. Cable Hill Partners LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF during the third quarter valued at $246,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter worth $77,000. Finally, Modus Advisors LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $52,000.

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.