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

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $89.53 and last traded at $93.35, with a volume of 2063105 shares trading hands. The stock had previously closed at $88.64.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.5 %

The firm has a market cap of $27.40 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business’s 50-day simple moving average is $90.80 and its two-hundred day simple moving average is $91.16.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Howe & Rusling Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 94.2% in the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after purchasing an additional 146 shares during the last quarter. VSM Wealth Advisory LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $27,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $28,000. Stonebridge Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $28,000. Finally, AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $30,000.

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.