iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 52-Week High at $110.59

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $110.59 and last traded at $111.31, with a volume of 127872 shares traded. The stock had previously closed at $110.56.

iShares MSCI Global Min Vol Factor ETF Stock Up 0.7 %

The company’s fifty day moving average price is $106.35 and its 200 day moving average price is $104.63. The company has a market capitalization of $4.51 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

A number of hedge funds have recently added to or reduced their stakes in the stock. Bessemer Group Inc. lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 1.3% during the 1st quarter. Bessemer Group Inc. now owns 166,436 shares of the company’s stock valued at $17,520,000 after acquiring an additional 2,056 shares during the period. Summit Financial LLC raised its stake in iShares MSCI Global Min Vol Factor ETF by 0.9% in the second quarter. Summit Financial LLC now owns 25,468 shares of the company’s stock valued at $2,665,000 after purchasing an additional 232 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF during the second quarter worth about $1,566,000. Vantage Financial Partners LLC grew its stake 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 buying an additional 2,301 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in iShares MSCI Global Min Vol Factor ETF by 6.3% in the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock valued at $750,000 after buying an additional 425 shares during the period.

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.