iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 12-Month High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares hit a new 52-week high on Tuesday . The stock traded as high as $109.12 and last traded at $113.56, with a volume of 90481 shares trading hands. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Up 5.2 %

The company’s 50 day moving average is $110.95 and its 200 day moving average is $112.24. The firm has a market capitalization of $4.61 billion, a price-to-earnings 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 and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 1.1% in the fourth quarter. Ameriprise Financial Inc. now owns 230,985 shares of the company’s stock valued at $25,219,000 after acquiring an additional 2,416 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 5.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 6,708 shares of the company’s stock valued at $733,000 after acquiring an additional 372 shares in the last quarter. Keystone Financial Group acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the fourth quarter valued at about $367,000. Rathbones Group PLC grew its stake in iShares MSCI Global Min Vol Factor ETF by 5.0% during the fourth quarter. Rathbones Group PLC now owns 2,829 shares of the company’s stock worth $309,000 after buying an additional 135 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in iShares MSCI Global Min Vol Factor ETF by 9.9% during the fourth quarter. JPMorgan Chase & Co. now owns 111,380 shares of the company’s stock worth $12,163,000 after buying an additional 10,037 shares in the last quarter.

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.