iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 1-Year High at $91.37

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $91.37 and last traded at $90.83, with a volume of 1947090 shares. The stock had previously closed at $91.32.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.7 %

The company has a market capitalization of $26.43 billion, a PE ratio of 25.30 and a beta of 0.59. The business has a fifty day moving average of $86.99 and a 200 day moving average of $83.93.

Hedge Funds Weigh In On iShares MSCI USA Min Vol Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $32,000. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $33,000. Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $35,000. Finally, Naples Money Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 1st quarter worth approximately $41,000.

iShares MSCI USA Min Vol Factor ETF Company Profile

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.