iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 52-Week High – What’s Next?

Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) hit a new 52-week high on Monday . The company traded as high as $94.08 and last traded at $92.75, with a volume of 1074571 shares. The stock had previously closed at $93.53.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.2 %

The company has a market cap of $27.01 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50-day moving average is $92.28 and its 200-day moving average is $88.75.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at approximately $30,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $33,000. Strategic Financial Concepts LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $35,000. Fortitude Family Office LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $38,000. Finally, Bfsg LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares in the last quarter.

About iShares MSCI USA Min Vol Factor ETF

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.