Sweeney & Michel LLC Buys New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sweeney & Michel LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,699 shares of the company’s stock, valued at approximately $1,386,000. iShares MSCI USA Min Vol Factor ETF makes up 0.6% of Sweeney & Michel LLC’s investment portfolio, making the stock its 28th largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $26,000. SYM FINANCIAL Corp lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after acquiring an additional 340 shares in the last quarter. Naples Money Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $41,000. Criterion Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $42,000. Finally, ESL Trust Services LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at about $51,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded up $0.28 during trading hours on Tuesday, hitting $86.77. The company’s stock had a trading volume of 1,048,063 shares. The business has a 50 day moving average price of $84.14 and a two-hundred day moving average price of $82.35. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The company has a market cap of $25.42 billion, a PE ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.