iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Hits New 1-Year High at $84.26

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $84.26 and last traded at $84.62, with a volume of 1331722 shares changing hands. The stock had previously closed at $84.13.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

The firm has a market capitalization of $24.57 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50-day moving average is $82.58 and its 200-day moving average is $81.09.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Keener Financial Planning LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $26,000. Horrell Capital Management Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $27,000. Global Trust Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $27,000. M&R Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $34,000. Finally, SYM FINANCIAL Corp grew its holdings in iShares MSCI USA Min Vol Factor ETF by 232.9% during the 4th quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after acquiring an additional 340 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.