iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Hits New 12-Month High at $102.60

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $102.60 and last traded at $101.50, with a volume of 99253 shares. The stock had previously closed at $101.83.

iShares MSCI Global Min Vol Factor ETF Trading Up 0.2 %

The company has a market cap of $4.15 billion, a P/E ratio of 16.86 and a beta of 0.49. The business has a 50 day moving average price of $103.57 and a 200-day moving average price of $100.15.

Institutional Investors Weigh In On iShares MSCI Global Min Vol Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $4,394,000. Magnolia Capital Advisors LLC increased its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 845.6% during the 1st quarter. Magnolia Capital Advisors LLC now owns 31,744 shares of the company’s stock worth $3,071,000 after acquiring an additional 28,387 shares during the last quarter. OLD Mission Capital LLC increased its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 146.8% during the 1st quarter. OLD Mission Capital LLC now owns 45,724 shares of the company’s stock worth $4,424,000 after acquiring an additional 27,195 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 66.1% during the 1st quarter. JPMorgan Chase & Co. now owns 37,890 shares of the company’s stock worth $3,665,000 after acquiring an additional 15,083 shares during the last quarter. Finally, Vantage Financial Partners LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $976,000.

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.