iShares MSCI USA Min Vol Factor ETF (USMV) experienced an outflow of approximately $111.3 million, marking a 0.5% decrease in shares outstanding, from 254,300,000 to 253,100,000, week-over-week. This significant change comes amid trading activity where major underlying components like Republic Services Inc (RSG), Waste Connections Inc (WCN), and Verizon Communications Inc (VZ) saw increases of 1.3%, 0.8%, and 0.4% respectively.
Currently, USMV’s share price is at $93.10, with a 52-week range between $83.99 and $95.119. This price point is vital as it compares against the 200-day moving average, which can provide insights for technical analysis.
