iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 52-Week High – What’s Next?

iShares MSCI USA Min Vol Factor ETF (BATS:USMV)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $101.92 and last traded at $101.87, with a volume of 244630 shares changing hands. The stock had previously closed at $101.55.

iShares MSCI USA Min Vol Factor ETF Price Performance

The business’s 50-day moving average price is $98.13 and its 200 day moving average price is $96.11. The firm has a market capitalization of $26.01 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ritholtz Wealth Management acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at approximately $74,238,000. BNP Paribas Financial Markets boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock worth $75,398,000 after purchasing an additional 793,173 shares during the period. Geneos Wealth Management Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 99.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock worth $106,053,000 after purchasing an additional 569,762 shares during the period. Two Sigma Investments LP increased its stake in iShares MSCI USA Min Vol Factor ETF by 26.1% during the third quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares during the last quarter. Finally, Catalyst Capital Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 13.0% during the first quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock valued at $393,458,000 after purchasing an additional 489,637 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.