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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $119.71 and last traded at $118.8350, with a volume of 184215 shares. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The stock has a market cap of $3.35 billion, a PE ratio of 18.66 and a beta of 0.57. The company’s 50-day moving average price is $119.51 and its 200 day moving average price is $118.46.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Institutional investors have recently added to or reduced their stakes in the stock. Keystone Global Partners LLC lifted its stake in iShares MSCI Global Min Vol Factor ETF by 2,830.8% during the second quarter. Keystone Global Partners LLC now owns 381 shares of the company’s stock worth $45,000 after purchasing an additional 368 shares in the last quarter. VSM Wealth Advisory LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 2nd quarter valued at $46,000. Lynx Investment Advisory acquired a new position in iShares MSCI Global Min Vol Factor ETF during the 2nd quarter worth about $207,000. Cahill Financial Advisors Inc. boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 17.1% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 2,172 shares of the company’s stock valued at $258,000 after acquiring an additional 317 shares during the period. Finally, Strategic Blueprint LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF during the 2nd quarter valued at about $278,000.

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.