iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 52-Week High at $81.27

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares reached a new 52-week high on Monday . The stock traded as high as $81.27 and last traded at $80.85, with a volume of 2632356 shares traded. The stock had previously closed at $80.50.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4 %

The company has a fifty day moving average of $81.76 and a two-hundred day moving average of $78.31. The stock has a market capitalization of $23.73 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. FMR LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after buying an additional 9,059,409 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock worth $1,254,785,000 after buying an additional 122,005 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after purchasing an additional 1,000,764 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 54.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,301,031 shares of the company’s stock valued at $383,689,000 after purchasing an additional 1,867,739 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 4,802,286 shares of the company’s stock valued at $347,589,000 after purchasing an additional 126,963 shares in 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.