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

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWVGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $109.12 and last traded at $114.00, with a volume of 90481 shares traded. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Price Performance

The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47. The stock has a 50-day moving average of $110.95 and a 200-day moving average of $112.48.

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

Large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in iShares MSCI Global Min Vol Factor ETF by 1.1% during the 4th quarter. Ameriprise Financial Inc. now owns 230,985 shares of the company’s stock worth $25,219,000 after purchasing an additional 2,416 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 9.9% during the fourth quarter. JPMorgan Chase & Co. now owns 111,380 shares of the company’s stock worth $12,163,000 after purchasing an additional 10,037 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth $1,729,000. Janney Montgomery Scott LLC lifted its position in iShares MSCI Global Min Vol Factor ETF by 55.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 14,403 shares of the company’s stock worth $1,573,000 after buying an additional 5,134 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 5.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,708 shares of the company’s stock valued at $733,000 after purchasing an additional 372 shares during the last quarter.

About iShares MSCI Global Min Vol Factor ETF

(Get Free Report)

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.

Further Reading

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