iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 12-Month High at $103.43

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $103.43 and last traded at $103.71, with a volume of 197530 shares trading hands. The stock had previously closed at $103.34.

iShares MSCI Global Min Vol Factor ETF Stock Up 0.3 %

The firm’s 50-day moving average price is $103.58 and its 200-day moving average price is $100.87. The company has a market cap of $4.20 billion, a P/E ratio of 16.96 and a beta of 0.47.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Several institutional investors have recently made changes to their positions in ACWV. NBC Securities Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth approximately $28,000. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 6.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 8,299 shares of the company’s stock worth $833,000 after purchasing an additional 513 shares during the period. Householder Group Estate & Retirement Specialist LLC lifted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 55.5% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,187 shares of the company’s stock worth $520,000 after purchasing an additional 1,851 shares during the period. Turtle Creek Wealth Advisors LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $4,394,000. Finally, Vantage Financial Partners LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $976,000.

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.