iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 1-Year High – Time to Buy?

Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) reached a new 52-week high during trading on Tuesday. The stock traded as high as $102.22 and last traded at $102.1740, with a volume of 184,400 shares changing hands. The stock had previously closed at $101.27.

iShares MSCI USA Min Vol Factor ETF Stock Performance

The stock has a market capitalization of $26.07 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a 50-day moving average of $100.08 and a 200-day moving average of $97.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Delta Wealth Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 0.3% in the 1st quarter. Delta Wealth Advisors LLC now owns 36,699 shares of the company’s stock valued at $3,403,000 after purchasing an additional 108 shares during the last quarter. Mcmorgan & Co. LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.4% during the first quarter. Mcmorgan & Co. LLC now owns 28,238 shares of the company’s stock worth $2,619,000 after purchasing an additional 108 shares during the period. Bayban increased its position in iShares MSCI USA Min Vol Factor ETF by 2.6% during the first quarter. Bayban now owns 4,797 shares of the company’s stock worth $445,000 after buying an additional 120 shares during the last quarter. Post Resch Tallon Group Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 1.9% during the second quarter. Post Resch Tallon Group Inc. now owns 8,038 shares of the company’s stock worth $775,000 after buying an additional 150 shares during the last quarter. Finally, Hobart Private Capital LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 3.6% during the second quarter. Hobart Private Capital LLC now owns 4,325 shares of the company’s stock worth $417,000 after buying an additional 152 shares during the last quarter.

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.