iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 12-Month High – Still a Buy?

Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) hit a new 52-week high during trading on Friday. The company traded as high as $103.84 and last traded at $103.4620, with a volume of 65,427 shares changing hands. The stock had previously closed at $103.13.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.1%

The firm has a fifty day moving average price of $100.41 and a two-hundred day moving average price of $96.95. The stock has a market capitalization of $26.34 billion, a P/E 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 USMV. NFSG Corp lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 134.6% during the third quarter. NFSG Corp now owns 366 shares of the company’s stock valued at $36,000 after buying an additional 210 shares during the last quarter. Beacon Financial Strategies CORP acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $42,000. Next Level Wealth Planning LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $71,000. MADDEN SECURITIES Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $74,000. Finally, Main Street Group LTD purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $77,000.

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.