iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Hits New 12-Month High – Time to Buy?

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares reached a new 52-week high on Monday . The company traded as high as $89.53 and last traded at $91.43, with a volume of 2063105 shares. The stock had previously closed at $88.64.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.2 %

The company’s fifty day moving average is $90.90 and its two-hundred day moving average is $90.46. The firm has a market capitalization of $27.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

Institutional Investors Weigh In On iShares MSCI USA Min Vol Factor ETF

A number of institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 1.1% during the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after buying an additional 111 shares during the last quarter. Anchor Investment Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after purchasing an additional 112 shares during the period. Asset Dedication LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after purchasing an additional 121 shares in the last quarter. Sensible Money LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after purchasing an additional 121 shares during the period. Finally, Foster Victor Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 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.