iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 12-Month High at $81.62

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares hit a new 52-week high on Monday . The stock traded as high as $81.62 and last traded at $81.62, with a volume of 1147176 shares. The stock had previously closed at $81.11.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.0 %

The company has a market capitalization of $24.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s fifty day simple moving average is $81.81 and its 200-day simple moving average is $78.91.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

Several hedge funds have recently modified their holdings of the stock. Phillips Wealth Planners LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 2.3% in the 4th quarter. Phillips Wealth Planners LLC now owns 5,887 shares of the company’s stock valued at $464,000 after purchasing an additional 134 shares in the last quarter. GW Henssler & Associates Ltd. increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the first quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock worth $907,000 after buying an additional 135 shares during the period. Yarger Wealth Strategies LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.0% in the fourth quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock valued at $1,079,000 after acquiring an additional 139 shares in the last quarter. Hoese & Co LLP lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% in the fourth quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock worth $4,123,000 after acquiring an additional 140 shares during the last quarter. Finally, Archer Investment Corp grew its holdings in iShares MSCI USA Min Vol Factor ETF by 3.4% during the 3rd quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock worth $323,000 after acquiring an additional 146 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Company Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.