iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Short Interest Down 91.2% in August

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 10,869 shares, a decline of 91.2% from the July 30th total of 123,449 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 89,601 shares, the days-to-cover ratio is presently 0.1 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 1.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 239,112 shares of the company’s stock valued at $28,676,000 after acquiring an additional 4,215 shares during the last quarter. Triumph Capital Management acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter worth approximately $122,000. NewEdge Advisors LLC grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 0.6% in the third quarter. NewEdge Advisors LLC now owns 28,874 shares of the company’s stock worth $3,463,000 after purchasing an additional 181 shares in the last quarter. Vantage Financial Partners LLC grew its position in iShares MSCI Global Min Vol Factor ETF by 0.8% in the 4th quarter. Vantage Financial Partners LLC now owns 15,792 shares of the company’s stock valued at $1,875,000 after buying an additional 120 shares in the last quarter. Finally, Western Wealth Management LLC raised its holdings in iShares MSCI Global Min Vol Factor ETF by 30.8% during the fourth quarter. Western Wealth Management LLC now owns 3,017 shares of the company’s stock worth $358,000 after purchasing an additional 710 shares in the last quarter.

iShares MSCI Global Min Vol Factor ETF Stock Performance

iShares MSCI Global Min Vol Factor ETF stock traded up $0.25 during mid-day trading on Tuesday, reaching $127.66. 68,830 shares of the company were exchanged, compared to its average volume of 121,668. The firm has a market cap of $3.60 billion, a PE ratio of 18.66 and a beta of 0.57. The firm’s 50-day simple moving average is $123.02 and its two-hundred day simple moving average is $121.99. iShares MSCI Global Min Vol Factor ETF has a twelve month low of $116.96 and a twelve month high of $127.87.

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.