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)’s stock price hit a new 52-week high 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 market capitalization of $25.44 billion, a PE ratio of 22.90 and a beta of 0.72. The stock’s fifty day simple moving average is $96.51 and its 200 day simple moving average is $95.40.

Institutional Trading of iShares MSCI USA Min Vol Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ritholtz Wealth Management bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at approximately $74,238,000. BNP Paribas Financial Markets raised its stake in iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the fourth quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in iShares MSCI USA Min Vol Factor ETF by 99.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,143,557 shares of the company’s stock valued at $106,053,000 after purchasing an additional 569,762 shares during the last quarter. Two Sigma Investments LP lifted its position 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 grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 4,242,597 shares of the company’s stock worth $393,458,000 after buying an additional 489,637 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.