iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Sets New 12-Month High – Still a Buy?

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $89.53 and last traded at $91.88, with a volume of 2063105 shares trading hands. The stock had previously closed at $88.64.

iShares MSCI USA Min Vol Factor ETF Trading Up 3.6 %

The stock has a 50 day simple moving average of $90.96 and a 200-day simple moving average of $90.21. The firm has a market cap of $26.92 billion, a P/E ratio of 25.30 and a beta of 0.59.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

A number of large investors have recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $638,000. Rik Saylor Financial Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $4,015,000. Beacon Financial Advisory LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% in the 4th quarter. Beacon Financial Advisory LLC now owns 11,502 shares of the company’s stock worth $1,021,000 after acquiring an additional 247 shares during the last quarter. Syntegra Private Wealth Group LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 209,628 shares of the company’s stock worth $18,613,000 after acquiring an additional 1,541 shares during the last quarter. Finally, Foguth Wealth Management LLC. increased its stake in iShares MSCI USA Min Vol Factor ETF by 54.2% in the 4th quarter. Foguth Wealth Management LLC. now owns 5,267 shares of the company’s stock worth $479,000 after acquiring an additional 1,852 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.