iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 52-Week High at $84.28

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) reached a new 52-week high during trading on Monday . The company traded as high as $84.28 and last traded at $83.73, with a volume of 1999201 shares trading hands. The stock had previously closed at $83.96.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

The stock’s 50 day moving average price is $82.73 and its 200 day moving average price is $81.20. The company has a market cap of $24.53 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Phillips Wealth Planners LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.3% during the 4th quarter. Phillips Wealth Planners LLC now owns 5,887 shares of the company’s stock worth $464,000 after purchasing an additional 134 shares in the last quarter. GW Henssler & Associates Ltd. increased its position in iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock worth $907,000 after purchasing an additional 135 shares in the last quarter. Yarger Wealth Strategies LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.0% during the 4th quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock worth $1,079,000 after purchasing an additional 139 shares in the last quarter. Hoese & Co LLP increased its position in iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock worth $4,123,000 after purchasing an additional 140 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 4.9% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock worth $251,000 after purchasing an additional 149 shares in the last quarter.

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.