iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 12-Month High at $81.21

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $81.21 and last traded at $79.99, with a volume of 4103346 shares traded. The stock had previously closed at $80.46.

iShares MSCI USA Min Vol Factor ETF Price Performance

The company has a market capitalization of $23.36 billion, a PE ratio of 25.31 and a beta of 0.59. The business has a 50-day moving average of $81.73 and a 200 day moving average of $78.01.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Phillips Wealth Planners LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during 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 during the last quarter. Yarger Wealth Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% in the 4th 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 during the period. Hoese & Co LLP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock valued at $4,123,000 after acquiring an additional 140 shares during the period. Archer Investment Corp increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the 3rd quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock valued at $323,000 after acquiring an additional 146 shares during the period. Finally, Adamsbrown Wealth Consultants LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock valued at $251,000 after acquiring an additional 149 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.