iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 52-Week High at $91.76

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $91.76 and last traded at $91.64, with a volume of 1355198 shares changing hands. The stock had previously closed at $91.29.

iShares MSCI USA Min Vol Factor ETF Price Performance

The firm has a market cap of $26.85 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The business’s 50-day moving average price is $88.54 and its two-hundred day moving average price is $84.75.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Aveo Capital Partners LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 22.8% during the fourth quarter. Aveo Capital Partners LLC now owns 6,821 shares of the company’s stock worth $532,000 after purchasing an additional 1,265 shares during the last quarter. Gryphon Financial Partners LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $213,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 19.8% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 5,662 shares of the company’s stock worth $442,000 after buying an additional 935 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 85.9% in the 4th quarter. Corient Private Wealth LLC now owns 60,068 shares of the company’s stock valued at $4,687,000 after buying an additional 27,757 shares during the period. Finally, Congress Wealth Management LLC DE grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% during the 4th quarter. Congress Wealth Management LLC DE now owns 6,335 shares of the company’s stock valued at $494,000 after buying an additional 409 shares during 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.