Newton One Investments LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 750 shares of the company’s stock, valued at approximately $67,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaMark Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Valued Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $30,000. Sound Income Strategies LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after purchasing an additional 143 shares during the last quarter. Fortitude Family Office LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $38,000. Finally, Bfsg LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Up 4.3 %
Shares of BATS USMV opened at $92.41 on Tuesday. The company has a market capitalization of $27.08 billion, a PE ratio of 25.30 and a beta of 0.59. The stock’s 50 day moving average price is $90.93 and its 200-day moving average price is $90.42. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45.
iShares MSCI USA Min Vol Factor ETF 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.
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