iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sees Large Growth in Short Interest

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 43,660 shares, a growth of 301.7% from the August 15th total of 10,869 shares. Based on an average trading volume of 69,507 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

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

Several hedge funds and other institutional investors have recently modified their holdings of ACWV. John A. Wolfe & Associates Inc. purchased a new stake in iShares MSCI Global Min Vol Factor ETF in the fourth quarter worth about $6,600,000. Bulwark Capital Corp grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 47.8% during the 2nd quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock worth $863,000 after acquiring an additional 2,324 shares during the period. Rathbones Group PLC grew its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 11.0% during the 1st quarter. Rathbones Group PLC now owns 3,528 shares of the company’s stock worth $422,000 after acquiring an additional 351 shares during the period. Janney Montgomery Scott LLC raised its position in shares of 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 acquiring an additional 231 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of 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 acquiring an additional 181 shares in the last quarter.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.7%

Shares of iShares MSCI Global Min Vol Factor ETF stock opened at $125.97 on Friday. iShares MSCI Global Min Vol Factor ETF has a 12-month low of $116.96 and a 12-month high of $128.45. The company has a market cap of $3.55 billion, a P/E ratio of 18.66 and a beta of 0.57. The company’s fifty day simple moving average is $124.99 and its two-hundred day simple moving average is $122.38.

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.