2,447 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Purchased by Global Strategic Investment Solutions LLC

Global Strategic Investment Solutions LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 2,447 shares of the company’s stock, valued at approximately $217,000.

A number of other large investors have also modified their holdings of USMV. Lockheed Martin Investment Management Co. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $62,801,000. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the period. Strategic Financial Concepts LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $16,911,000. Millburn Ridgefield Corp increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after acquiring an additional 180,849 shares during the period. Finally, World Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 343.1% in the 3rd quarter. World Investment Advisors LLC now owns 224,878 shares of the company’s stock worth $20,534,000 after acquiring an additional 174,130 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.5 %

Shares of USMV opened at $94.37 on Tuesday. The firm has a 50-day moving average price of $91.29 and a 200 day moving average price of $91.44. The firm has a market capitalization of $23.98 billion, a PE ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week 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.