iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Stock Short Interest Jumps 2,898.1%

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 68,028 shares, a growth of 2,898.1% from the September 15th total of 2,269 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 69,786 shares, the days-to-cover ratio is presently 1.0 days.

iShares MSCI Global Min Vol Factor ETF Stock Up 0.4%

iShares MSCI Global Min Vol Factor ETF stock traded up $0.52 during midday trading on Friday, hitting $125.27. 59,651 shares of the stock were exchanged, compared to its average volume of 114,277. iShares MSCI Global Min Vol Factor ETF has a 52-week low of $116.96 and a 52-week high of $128.45. The business’s 50-day moving average price is $125.77 and its 200-day moving average price is $122.69. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 18.66 and a beta of 0.57.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Several institutional investors have recently bought and sold shares of the company. Rathbones Group PLC lifted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 11.0% during the first quarter. Rathbones Group PLC now owns 3,528 shares of the company’s stock valued at $422,000 after purchasing an additional 351 shares during the last quarter. Koenig Investment Advisory LLC bought a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth about $223,000. Bulwark Capital Corp grew its position in 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 valued at $863,000 after purchasing an additional 2,324 shares during the last quarter. First Community Trust NA bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter valued at approximately $306,000. Finally, Birchwood Financial Partners Inc. purchased a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth approximately $328,000.

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.