iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Reaches New 52-Week High at $87.02

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $87.02 and last traded at $86.69, with a volume of 2980510 shares changing hands. The stock had previously closed at $86.82.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

The company has a market cap of $25.78 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a fifty day simple moving average of $84.99 and a two-hundred day simple moving average of $82.89.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

Several large investors have recently added to or reduced their stakes in the business. Bank of Montreal Can lifted its position in iShares MSCI USA Min Vol Factor ETF by 572.4% during the second quarter. Bank of Montreal Can now owns 250,380 shares of the company’s stock valued at $21,142,000 after purchasing an additional 213,145 shares in the last quarter. Evergreen Capital Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.6% in the second quarter. Evergreen Capital Management LLC now owns 88,820 shares of the company’s stock worth $7,457,000 after buying an additional 5,506 shares during the period. Commonwealth Financial Services LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $219,000. Delos Wealth Advisors LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 30.8% during the 2nd quarter. Delos Wealth Advisors LLC now owns 24,190 shares of the company’s stock valued at $2,031,000 after acquiring an additional 5,702 shares during the period. Finally, Mount Yale Investment Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 9.0% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 18,871 shares of the company’s stock worth $1,584,000 after acquiring an additional 1,565 shares in the last quarter.

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.