iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 52-Week High – Should You Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high on Tuesday . The stock traded as high as $119.71 and last traded at $119.0190, with a volume of 184215 shares. The stock had previously closed at $119.97.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.4%

The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 18.66 and a beta of 0.57. The stock has a fifty day simple moving average of $119.58 and a 200-day simple moving average of $119.19.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ACWV. Cox Capital Mgt LLC lifted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 3.1% in the fourth quarter. Cox Capital Mgt LLC now owns 3,665 shares of the company’s stock valued at $438,000 after buying an additional 109 shares during the period. Holos Integrated Wealth LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $127,000. Triumph Capital Management bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth approximately $122,000. NewEdge Advisors LLC grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 0.6% during the 3rd quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock worth $3,463,000 after purchasing an additional 181 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of iShares MSCI Global Min Vol Factor ETF by 1.8% during the third quarter. Ameriprise Financial Inc. now owns 239,112 shares of the company’s stock valued at $28,676,000 after purchasing an additional 4,215 shares during the period.

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.