iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 12-Month High – Time to Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares hit a new 52-week high during trading on Monday . The company traded as high as $114.05 and last traded at $114.28, with a volume of 49080 shares changing hands. The stock had previously closed at $113.95.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The company has a fifty day moving average of $113.84 and a two-hundred day moving average of $109.82. The company has a market cap of $4.66 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 and hedge funds have recently made changes to their positions in ACWV. Wilmington Savings Fund Society FSB acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter valued at approximately $77,000. Lynx Investment Advisory purchased a new position in iShares MSCI Global Min Vol Factor ETF during the 2nd quarter worth $179,000. Cable Hill Partners LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth $246,000. Vantage Financial Partners LLC increased its position in iShares MSCI Global Min Vol Factor ETF by 24.2% during the 2nd quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock valued at $1,236,000 after buying an additional 2,301 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the second quarter worth about $1,566,000.

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.