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

iShares MSCI USA Min Vol Factor ETF (BATS:USMVGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $101.59 and last traded at $101.52, with a volume of 339607 shares trading hands. The stock had previously closed at $100.52.

iShares MSCI USA Min Vol Factor ETF Stock Performance

The stock has a market cap of $25.69 billion, a PE ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average price of $97.67 and a 200 day moving average price of $95.93.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

A number of institutional investors have recently bought and sold shares of USMV. Morgan Stanley increased its position in iShares MSCI USA Min Vol Factor ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after acquiring an additional 465,870 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 4th quarter. Raymond James Financial Inc. now owns 13,773,118 shares of the company’s stock worth $1,296,877,000 after purchasing an additional 251,970 shares during the period. Catalyst Capital Advisors LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after purchasing an additional 489,637 shares during the period. UBS Group AG grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% during the 3rd quarter. UBS Group AG now owns 3,545,978 shares of the company’s stock valued at $337,364,000 after purchasing an additional 80,056 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 5.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,542,763 shares of the company’s stock valued at $333,587,000 after purchasing an additional 198,476 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.