iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 52-Week High – Should You Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during trading on Tuesday . The company traded as high as $126.79 and last traded at $126.50, with a volume of 99638 shares traded. The stock had previously closed at $126.70.

iShares MSCI Global Min Vol Factor ETF Stock Down 0.1%

The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 18.66 and a beta of 0.57. The firm’s 50 day moving average is $122.17 and its 200 day moving average is $121.67.

Institutional Investors Weigh In On iShares MSCI Global Min Vol Factor ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. VSM Wealth Advisory LLC bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth $46,000. Modus Advisors LLC acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter worth $57,000. Triumph Capital Management acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter worth $122,000. Koenig Investment Advisory LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at $223,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at $328,000.

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.