iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 1-Year High – Here’s What Happened

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

iShares MSCI Global Min Vol Factor ETF Trading Down 0.2 %

The stock’s 50 day moving average is $113.96 and its two-hundred day moving average is $110.32. The stock has a market capitalization of $4.65 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 hedge funds have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI Global Min Vol Factor ETF during the third quarter worth about $77,000. Lynx Investment Advisory boosted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 17.9% in the 3rd quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock valued at $231,000 after buying an additional 306 shares during the last quarter. Cable Hill Partners LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF during the third quarter worth $246,000. Vantage Financial Partners LLC raised its position in iShares MSCI Global Min Vol Factor ETF by 24.2% during the second quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock worth $1,236,000 after acquiring an additional 2,301 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired 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.