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 $89.53 and last traded at $92.96, with a volume of 2063105 shares traded. The stock had previously closed at $88.64.

iShares MSCI USA Min Vol Factor ETF Price Performance

The business has a 50 day moving average of $90.76 and a 200 day moving average of $90.63. The firm has a market capitalization of $27.24 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

A number of large investors have recently added to or reduced their stakes in USMV. Stonebridge Financial Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $30,000. Sound Income Strategies LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares during the period. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $38,000.

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.