iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 52-Week High – Should You Buy?

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s stock price hit a new 52-week high on Monday . The stock traded as high as $92.69 and last traded at $92.59, with a volume of 969671 shares changing hands. The stock had previously closed at $92.01.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.7 %

The firm has a fifty day moving average price of $90.00 and a two-hundred day moving average price of $85.65. The stock has a market capitalization of $27.14 billion, a P/E ratio of 25.30 and a beta of 0.59.

Institutional Investors Weigh In On iShares MSCI USA Min Vol Factor ETF

Several large investors have recently bought and sold shares of USMV. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $30,000. Gleason Group Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $32,000. Hantz Financial Services Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $33,000. Strategic Financial Concepts LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $35,000. Finally, Naples Money Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $41,000.

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.