ACWV Stock Summary and Trading Ideas (iShares MSCI Global Min Vol Factor ETF | BATS:ACWV)

The iShares MSCI Global Min Vol Factor ETF seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets.

iShares MSCI Global Min Vol Factor ETF trades on the BATS stock market under the symbol ACWV.

As of April 17, 2024, ACWV stock price climbed to $101.10 with 316,874 million shares trading.

ACWV has a beta of 0.55, meaning it tends to be less sensitive to market movements. ACWV has a correlation of 0.58 to the broad based SPY ETF.

ACWV has a market cap of $4.15 billion. This is considered a Mid Cap stock.

In the last 3 years, ACWV stock traded as high as $108.60 and as low as $86.42.

ACWV has underperformed the market in the last year with a return of +4.6%, while the SPY ETF gained +22.5%. In the last 3 month period, ACWV fell short of the market, returning +0.7%, while SPY returned +6.3%. However, in the most recent 2 weeks ACWV has outperformed the stock market by returning -3.1%, while SPY returned -3.6%.

ACWV support price is $100.43 and resistance is $101.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACWV stock will trade within this expected range on the day.