John A. Wolfe & Associates Inc. Takes $6.60 Million Position in iShares MSCI Global Min Vol Factor ETF $ACWV

John A. Wolfe & Associates Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) in the fourth quarter, Holdings Channel reports. The institutional investor bought 55,580 shares of the company’s stock, valued at approximately $6,600,000. iShares MSCI Global Min Vol Factor ETF accounts for approximately 2.8% of John A. Wolfe & Associates Inc.’s holdings, making the stock its 7th largest position.

Other hedge funds have also recently modified their holdings of the company. Cox Capital Mgt LLC raised its position in shares of iShares MSCI Global Min Vol Factor ETF by 3.1% during the 4th quarter. Cox Capital Mgt LLC now owns 3,665 shares of the company’s stock worth $438,000 after purchasing an additional 109 shares during the last quarter. Vantage Financial Partners LLC boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 0.8% in the 4th quarter. Vantage Financial Partners LLC now owns 15,792 shares of the company’s stock worth $1,875,000 after buying an additional 120 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 0.6% in the 3rd quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock worth $3,463,000 after buying an additional 181 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in iShares MSCI Global Min Vol Factor ETF by 2.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,838 shares of the company’s stock worth $1,287,000 after buying an additional 231 shares during the last quarter. Finally, VSM Wealth Advisory LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $46,000.

iShares MSCI Global Min Vol Factor ETF Price Performance

Shares of iShares MSCI Global Min Vol Factor ETF stock opened at $119.29 on Friday. The business has a 50 day simple moving average of $121.15 and a two-hundred day simple moving average of $120.80. iShares MSCI Global Min Vol Factor ETF has a 12 month low of $115.80 and a 12 month high of $125.28. The stock has a market capitalization of $3.36 billion, a P/E ratio of 18.66 and a beta of 0.57.

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.