iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 52-Week High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high on Wednesday . The stock traded as high as $109.12 and last traded at $110.42, with a volume of 90481 shares changing hands. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Up 2.2 %

The company has a 50-day moving average of $111.45 and a 200 day moving average of $111.55. The stock has a market capitalization of $4.48 billion, a PE ratio of 16.96 and a beta of 0.47.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Magnolia Capital Advisors LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 2nd quarter worth $1,566,000. Lynx Investment Advisory lifted its stake in iShares MSCI Global Min Vol Factor ETF by 17.9% during the third quarter. Lynx Investment Advisory now owns 2,016 shares of the company’s stock worth $231,000 after purchasing an additional 306 shares in the last quarter. Cable Hill Partners LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth about $246,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter valued at approximately $1,729,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at approximately $77,000.

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.