Short Interest in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Drops By 51.3%

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 84,559 shares, a decline of 51.3% from the April 30th total of 173,480 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 83,629 shares, the short-interest ratio is currently 1.0 days.

iShares MSCI Global Min Vol Factor ETF Stock Performance

Shares of ACWV opened at $122.01 on Monday. The firm has a market cap of $3.44 billion, a P/E ratio of 18.66 and a beta of 0.57. iShares MSCI Global Min Vol Factor ETF has a 12-month low of $115.80 and a 12-month high of $125.28. The company’s 50-day moving average price is $120.57 and its 200 day moving average price is $120.70.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cox Capital Mgt LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 3.1% during the fourth quarter. Cox Capital Mgt LLC now owns 3,665 shares of the company’s stock worth $438,000 after purchasing an additional 109 shares during the period. Vantage Financial Partners LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 0.8% during the fourth quarter. Vantage Financial Partners LLC now owns 15,792 shares of the company’s stock worth $1,875,000 after purchasing an additional 120 shares during the period. NewEdge Advisors LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 0.6% during 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 during the period. Janney Montgomery Scott LLC increased its stake in iShares MSCI Global Min Vol Factor ETF by 2.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,838 shares of the company’s stock worth $1,287,000 after purchasing an additional 231 shares during the period. Finally, VSM Wealth Advisory LLC purchased a new stake in iShares MSCI Global Min Vol Factor ETF during the fourth quarter worth about $46,000.

iShares MSCI Global Min Vol Factor ETF Company 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.