iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Hits New 1-Year High – Time to Buy?

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $99.36 and last traded at $99.35, with a volume of 870560 shares. The stock had previously closed at $98.27.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.5%

The firm has a 50-day moving average of $96.51 and a two-hundred day moving average of $95.40. The company has a market capitalization of $25.44 billion, a PE ratio of 22.90 and a beta of 0.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hibernia Wealth Partners LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 66.1% in the 4th quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock valued at $5,968,000 after buying an additional 25,216 shares during the period. Western Wealth Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 28.4% during the 4th quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after acquiring an additional 16,434 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 9.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock valued at $8,819,000 after buying an additional 8,469 shares during the last quarter. Dara Capital US Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $542,000. Finally, Vise Technologies Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 51.0% during the fourth quarter. Vise Technologies Inc. now owns 50,158 shares of the company’s stock worth $4,723,000 after purchasing an additional 16,949 shares during 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.