iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 1-Year High – Here’s What Happened

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $127.79 and last traded at $127.79, with a volume of 2161 shares traded. The stock had previously closed at $127.21.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The stock has a market cap of $3.59 billion, a P/E ratio of 18.66 and a beta of 0.57. The business has a 50 day simple moving average of $123.31 and a 200-day simple moving average of $122.08.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. VSM Wealth Advisory LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF in the fourth quarter worth $46,000. Modus Advisors LLC purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF in the fourth quarter worth about $57,000. Triumph Capital Management purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter valued at approximately $122,000. Koenig Investment Advisory LLC purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $223,000. Finally, Birchwood Financial Partners Inc. bought a new position in shares of iShares MSCI Global Min Vol Factor ETF in the fourth quarter valued at approximately $328,000.

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.