iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 52-Week High – Time to Buy?

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high during trading on Monday . The company traded as high as $113.32 and last traded at $112.68, with a volume of 101013 shares trading hands. The stock had previously closed at $113.22.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.3 %

The company has a 50 day moving average price of $113.77 and a 200-day moving average price of $110.76. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Several institutional investors have recently modified their holdings of the business. Summit Financial LLC lifted its holdings in iShares MSCI Global Min Vol Factor ETF by 0.9% during the 2nd quarter. Summit Financial LLC now owns 25,468 shares of the company’s stock worth $2,665,000 after buying an additional 232 shares during the period. Brown Brothers Harriman & Co. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter worth about $1,729,000. Magnolia Capital Advisors LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the second quarter worth approximately $1,566,000. Vantage Financial Partners LLC boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 24.2% in the second quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock valued at $1,236,000 after acquiring an additional 2,301 shares during the last quarter. Finally, Cable Hill Partners LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at approximately $246,000.

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.