iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 12-Month High at $75.16

Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $75.16 and last traded at $74.99, with a volume of 5049741 shares traded. The stock had previously closed at $74.75.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.3 %

The stock’s 50-day moving average is $73.24 and its 200-day moving average is $73.62. The firm has a market capitalization of $28.77 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75.

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

A number of institutional investors have recently added to or reduced their stakes in USMV. Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $28,000. Stonebridge Capital Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 180.4% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after acquiring an additional 258 shares during the period. Impact Partnership Wealth LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $30,000. BNP Paribas Arbitrage SNC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $31,000. Finally, Element Wealth LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 77.6% in the 2nd quarter. Element Wealth LLC now owns 428 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the period.

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.