Summit Financial LLC Sells 6,112 Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)

Summit Financial LLC lowered its holdings in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) by 24.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,306 shares of the company’s stock after selling 6,112 shares during the period. Summit Financial LLC’s holdings in iShares MSCI Global Min Vol Factor ETF were worth $2,108,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth about $77,000. Modus Advisors LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF in the fourth quarter worth about $52,000. AdvisorNet Financial Inc boosted its stake in iShares MSCI Global Min Vol Factor ETF by 52.5% in the fourth quarter. AdvisorNet Financial Inc now owns 1,388 shares of the company’s stock valued at $152,000 after acquiring an additional 478 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares MSCI Global Min Vol Factor ETF by 55.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,403 shares of the company’s stock valued at $1,573,000 after acquiring an additional 5,134 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares MSCI Global Min Vol Factor ETF by 3,148.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,462 shares of the company’s stock worth $160,000 after purchasing an additional 1,417 shares during the last quarter.

iShares MSCI Global Min Vol Factor ETF Trading Up 7.7 %

BATS:ACWV opened at $116.47 on Tuesday. iShares MSCI Global Min Vol Factor ETF has a 12 month low of $100.89 and a 12 month high of $116.68. The firm’s 50 day moving average is $113.97 and its 200 day moving average is $113.12. The stock has a market capitalization of $3.40 billion, a PE ratio of 19.50 and a beta of 0.63.

iShares MSCI Global Min Vol Factor ETF 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.