iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Reaches New 12-Month High at $103.43

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s stock price reached a new 52-week high on Monday . The stock traded as high as $103.43 and last traded at $103.71, with a volume of 197530 shares trading hands. The stock had previously closed at $103.34.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.3 %

The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47. The firm’s fifty day simple moving average is $103.58 and its two-hundred day simple moving average is $100.87.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 6.3% in the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock worth $750,000 after acquiring an additional 425 shares during the last quarter. Garde Capital Inc. acquired a new position in iShares MSCI Global Min Vol Factor ETF during the fourth quarter worth $281,000. United Advisor Group LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter worth $384,000. Tidemark LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter worth $289,000. Finally, Vantage Financial Partners LLC acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the fourth quarter valued at $976,000.

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.