iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 52-Week High at $81.62

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $81.62 and last traded at $81.62, with a volume of 1147176 shares. The stock had previously closed at $81.11.

iShares MSCI USA Min Vol Factor ETF Price Performance

The firm’s 50 day moving average is $81.79 and its 200 day moving average is $78.82. The firm has a market cap of $23.91 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 have recently bought and sold shares of the business. Custos Family Office LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the first quarter. Custos Family Office LLC now owns 144,340 shares of the company’s stock worth $12,064,000 after acquiring an additional 1,223 shares in the last quarter. VitalStone Financial LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 30,118.8% in the first quarter. VitalStone Financial LLC now owns 30,521 shares of the company’s stock worth $2,551,000 after buying an additional 30,420 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.6% in the first quarter. Geneos Wealth Management Inc. now owns 521,610 shares of the company’s stock worth $43,596,000 after buying an additional 2,931 shares during the last quarter. Buck Wealth Strategies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth about $494,000. Finally, TFB Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth about $308,000.

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.