USMV Stock Summary and Trading Ideas (iShares Edge MSCI Min Vol USA ETF | BATS:USMV)

The iShares Edge MSCI Min Vol USA ETF seeks to track the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market.

iShares Edge MSCI Min Vol USA ETF trades on the BATS stock market under the symbol USMV.

As of December 13, 2024, USMV stock price declined to $91.66 with 780,178 million shares trading.

USMV has a beta of 0.56, meaning it tends to be less sensitive to market movements. USMV has a correlation of 0.52 to the broad based SPY ETF.

USMV has a market cap of $23.46 billion. This is considered a Large Cap stock.

In the last 3 years, USMV traded as high as $94.83 and as low as $64.56.

USMV has underperformed the market in the last year with a price return of +18.5% while the SPY ETF gained +29.9%. USMV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.8% and -3.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

USMV support price is $91.44 and resistance is $92.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USMV shares will trade within this expected range on the day.