Sugarloaf Wealth Management LLC Sells 178 Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)

Sugarloaf Wealth Management LLC reduced its stake in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) by 32.2% during the second quarter, Holdings Channel.com reports. The fund owned 375 shares of the company’s stock after selling 178 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in iShares MSCI Global Min Vol Factor ETF were worth $39,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Garde Capital Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at approximately $281,000. Tidemark LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at approximately $289,000. United Advisor Group LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at approximately $384,000. BNP Paribas Financial Markets boosted its stake in iShares MSCI Global Min Vol Factor ETF by 31.2% in the fourth quarter. BNP Paribas Financial Markets now owns 6,700 shares of the company’s stock valued at $672,000 after acquiring an additional 1,594 shares in the last quarter. Finally, Vantage Financial Partners LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the fourth quarter valued at approximately $976,000.

iShares MSCI Global Min Vol Factor ETF Stock Performance

ACWV traded up $0.04 during trading on Tuesday, hitting $106.30. The stock had a trading volume of 293,839 shares. The company has a market capitalization of $4.31 billion, a PE ratio of 16.96 and a beta of 0.47. iShares MSCI Global Min Vol Factor ETF has a twelve month low of $77.01 and a twelve month high of $88.22. The stock has a 50 day simple moving average of $105.65 and a two-hundred day simple moving average of $104.19.

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.