iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 52-Week High at $81.62

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s stock price hit a new 52-week high during trading 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 Price Performance

The stock has a market cap of $23.91 billion, a P/E ratio of 25.30 and a beta of 0.59. The company has a fifty day moving average of $81.79 and a 200 day moving average of $78.82.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Phillips Wealth Planners LLC grew its position in 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 worth $464,000 after purchasing an additional 134 shares in the last quarter. Yarger Wealth Strategies LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during 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 in the last quarter. Hoese & Co LLP grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during 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 in the last quarter. Archer Investment Corp grew its holdings in shares of 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 valued at $323,000 after acquiring an additional 146 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% during 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 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.