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

by · The Markets Daily

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 36,528 shares, a decline of 46.3% from the September 30th total of 68,028 shares. Based on an average daily volume of 83,686 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

iShares MSCI Global Min Vol Factor ETF Stock Up 0.4%

Shares of iShares MSCI Global Min Vol Factor ETF stock opened at $129.42 on Friday. The stock has a market capitalization of $3.65 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 $116.96 and a 12-month high of $130.11. The stock has a 50 day moving average price of $126.30 and a two-hundred day moving average price of $122.90.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in iShares MSCI Global Min Vol Factor ETF in the third quarter valued at approximately $813,000. CKW Financial Group bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth $552,000. First Community Trust NA acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter valued at about $306,000. Bulwark Capital Corp boosted its stake in iShares MSCI Global Min Vol Factor ETF by 47.8% in the second quarter. Bulwark Capital Corp now owns 7,182 shares of the company’s stock valued at $863,000 after buying an additional 2,324 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new stake in iShares MSCI Global Min Vol Factor ETF in the third quarter valued at about $272,000.

About iShares MSCI Global Min Vol Factor ETF

(Get Free Report)

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.

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