iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 12-Month High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during trading on Monday . The company traded as high as $114.22 and last traded at $113.55, with a volume of 131022 shares. The stock had previously closed at $114.16.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The stock has a fifty day moving average of $112.01 and a 200 day moving average of $107.24. The company has a market capitalization of $4.62 billion, a PE ratio of 16.96 and a beta of 0.47.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. lifted its holdings 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 worth $17,520,000 after purchasing an additional 2,056 shares in the last quarter. Summit Financial LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 0.9% in the 2nd quarter. Summit Financial LLC now owns 25,468 shares of the company’s stock worth $2,665,000 after acquiring 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 worth approximately $1,566,000. Vantage Financial Partners LLC increased its stake 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 worth $1,236,000 after acquiring an additional 2,301 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in iShares MSCI Global Min Vol Factor ETF by 6.3% in the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock worth $750,000 after acquiring an additional 425 shares during the last quarter.

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.