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

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $101.92 and last traded at $101.87, with a volume of 244630 shares traded. The stock had previously closed at $101.55.

iShares MSCI USA Min Vol Factor ETF Price Performance

The firm’s 50-day moving average price is $98.13 and its 200-day moving average price is $96.11. The company has a market cap of $26.01 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

Institutional investors have recently added to or reduced their stakes in the business. Chapman Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $29,000. Ankerstar Wealth LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $31,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $33,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $34,000. Finally, Entrust Financial LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $35,000.

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.