Sugarloaf Wealth Management LLC Has $39,000 Stake in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)

Sugarloaf Wealth Management LLC decreased its position in shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) by 32.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACWV. Garde Capital Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $281,000. Tidemark LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $289,000. United Advisor Group LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $384,000. BNP Paribas Financial Markets raised its position in shares of iShares MSCI Global Min Vol Factor ETF by 31.2% in the 4th quarter. BNP Paribas Financial Markets now owns 6,700 shares of the company’s stock worth $672,000 after acquiring an additional 1,594 shares in the last quarter. Finally, Vantage Financial Partners LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $976,000.

iShares MSCI Global Min Vol Factor ETF Stock Performance

Shares of ACWV stock traded up $0.04 during mid-day trading on Tuesday, hitting $106.30. The company’s stock had a trading volume of 293,839 shares. The company’s fifty day simple moving average is $105.65 and its 200-day simple moving average is $104.19. iShares MSCI Global Min Vol Factor ETF has a 52 week low of $77.01 and a 52 week high of $88.22. The company has a market cap of $4.31 billion, a PE ratio of 16.96 and a beta of 0.47.

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.