iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 1-Year High – Here’s What Happened

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $98.77 and last traded at $98.72, with a volume of 377092 shares. The stock had previously closed at $97.55.

iShares MSCI USA Min Vol Factor ETF Stock Performance

The stock’s fifty day moving average is $96.42 and its two-hundred day moving average is $95.32. The firm has a market cap of $24.99 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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

Several large investors have recently made changes to their positions in the company. Frankly Finances LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $25,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $29,000. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Ankerstar Wealth LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $31,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $33,000.

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.