Magnolia Capital Advisors LLC Buys Shares of 14,961 iShares MSCI Global Min Vol Factor ETF (BATS:ACWV)

Magnolia Capital Advisors LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,961 shares of the company’s stock, valued at approximately $1,566,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ACWV. Lynx Investment Advisory purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 2nd quarter valued at approximately $179,000. Garde Capital Inc. purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at approximately $281,000. United Advisor Group LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at approximately $384,000. BNP Paribas Financial Markets lifted its stake in shares of iShares MSCI Global Min Vol Factor ETF by 6.3% during the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock valued at $750,000 after buying an additional 425 shares in the last quarter. Finally, Vantage Financial Partners LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 4th quarter valued at approximately $976,000.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.2 %

Shares of ACWV stock opened at $114.72 on Monday. The stock has a market capitalization of $4.65 billion, a P/E ratio of 16.96 and a beta of 0.47. The firm’s 50 day moving average is $111.08 and its 200 day moving average is $106.76. iShares MSCI Global Min Vol Factor ETF has a 12 month low of $77.01 and a 12 month high of $88.22.

iShares MSCI Global Min Vol Factor ETF 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.