iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 1-Year High at $82.81

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares reached a new 52-week high on Monday . The stock traded as high as $82.81 and last traded at $82.57, with a volume of 2324077 shares changing hands. The stock had previously closed at $82.80.

iShares MSCI USA Min Vol Factor ETF Price Performance

The stock’s 50-day moving average is $82.08 and its two-hundred day moving average is $80.29. The company has a market cap of $24.37 billion, a P/E ratio of 25.30 and a beta of 0.59.

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

Several hedge funds and other institutional investors have recently made changes to their positions in USMV. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $26,000. Horrell Capital Management Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $27,000. Global Trust Asset Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $27,000. M&R Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $34,000. Finally, SYM FINANCIAL Corp raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after buying an additional 340 shares during the period.

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.