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

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) shares hit a new 52-week high on Monday . The company traded as high as $109.12 and last traded at $115.83, with a volume of 90481 shares traded. The stock had previously closed at $108.14.

iShares MSCI Global Min Vol Factor ETF Stock Up 6.9 %

The stock’s fifty day moving average is $111.61 and its two-hundred day moving average is $112.77. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 19.43 and a beta of 0.65.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. lifted its stake in iShares MSCI Global Min Vol Factor ETF by 1.1% in the 4th quarter. Ameriprise Financial Inc. now owns 230,985 shares of the company’s stock valued at $25,219,000 after purchasing an additional 2,416 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 9.9% in the fourth quarter. JPMorgan Chase & Co. now owns 111,380 shares of the company’s stock valued at $12,163,000 after buying an additional 10,037 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter valued at approximately $1,729,000. Janney Montgomery Scott LLC boosted its stake 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 worth $1,573,000 after acquiring an additional 5,134 shares during the period. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 5.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,708 shares of the company’s stock worth $733,000 after acquiring an additional 372 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.