iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 1-Year High at $113.64

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $113.64 and last traded at $114.26, with a volume of 133863 shares trading hands. The stock had previously closed at $113.60.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.6 %

The company has a market capitalization of $4.58 billion, a P/E ratio of 16.96 and a beta of 0.47. The company has a 50 day moving average price of $110.10 and a 200 day moving average price of $106.25.

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

Several institutional investors and hedge funds have recently modified their holdings of ACWV. Bessemer Group Inc. grew its stake in iShares MSCI Global Min Vol Factor ETF by 1.3% in the 1st quarter. Bessemer Group Inc. now owns 166,436 shares of the company’s stock valued at $17,520,000 after buying an additional 2,056 shares during the last quarter. Summit Financial LLC lifted its holdings in iShares MSCI Global Min Vol Factor ETF by 0.9% during the 2nd quarter. Summit Financial LLC now owns 25,468 shares of the company’s stock worth $2,665,000 after purchasing an additional 232 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF in the 2nd quarter valued at $1,566,000. Vantage Financial Partners LLC grew its holdings in iShares MSCI Global Min Vol Factor ETF by 24.2% in 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, BNP Paribas Financial Markets increased its position in iShares MSCI Global Min Vol Factor ETF by 6.3% during the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock worth $750,000 after buying an additional 425 shares during the period.

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.