iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sees Significant Growth in Short Interest

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 102,087 shares, a growth of 4,745.1% from the June 30th total of 2,107 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 78,175 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. John A. Wolfe & Associates Inc. bought a new position in iShares MSCI Global Min Vol Factor ETF during the fourth quarter valued at $6,600,000. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI Global Min Vol Factor ETF by 1.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 239,112 shares of the company’s stock valued at $28,676,000 after buying an additional 4,215 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at $328,000. Bulwark Capital Corp grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 47.8% during the 2nd quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock worth $863,000 after acquiring an additional 2,324 shares during the period. Finally, Koenig Investment Advisory LLC bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth $223,000.

iShares MSCI Global Min Vol Factor ETF Trading Up 1.0%

ACWV opened at $122.19 on Friday. The company has a fifty day moving average price of $121.33 and a two-hundred day moving average price of $121.12. iShares MSCI Global Min Vol Factor ETF has a 1-year low of $116.13 and a 1-year high of $125.28. The company has a market cap of $3.45 billion, a P/E ratio of 18.66 and a beta of 0.57.

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.