iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Hits New 12-Month High at $81.31

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.31 and last traded at $81.27, with a volume of 1406089 shares. The stock had previously closed at $80.93.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.4 %

The stock has a market cap of $23.76 billion, a PE ratio of 25.31 and a beta of 0.59. The stock’s fifty day moving average price is $81.80 and its 200 day moving average price is $78.48.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

A number of hedge funds have recently bought and sold shares of the company. American Capital Advisory LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 1,824.6% during the 1st quarter. American Capital Advisory LLC now owns 1,251 shares of the company’s stock worth $105,000 after acquiring an additional 1,186 shares during the period. Summit Global Investments lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 83.6% during the 1st quarter. Summit Global Investments now owns 152,996 shares of the company’s stock valued at $12,787,000 after buying an additional 69,646 shares in the last quarter. White Pine Investment CO lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the first quarter. White Pine Investment CO now owns 152,979 shares of the company’s stock valued at $12,786,000 after acquiring an additional 545 shares in the last quarter. YHB Investment Advisors Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth about $54,000. Finally, Carr Financial Group Corp boosted its stake in iShares MSCI USA Min Vol Factor ETF by 10.5% in the 1st quarter. Carr Financial Group Corp now owns 28,711 shares of the company’s stock worth $2,400,000 after purchasing an additional 2,728 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.