Symphony Financial Services Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 8.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,225 shares of the company’s stock after acquiring an additional 1,535 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for 1.4% of Symphony Financial Services Inc.’s portfolio, making the stock its 20th largest holding. Symphony Financial Services Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,796,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of USMV. Stonebridge Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $30,000. Valued Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $30,000. Sound Income Strategies LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares during the period. Finally, Arrow Financial Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $45,000.
iShares MSCI USA Min Vol Factor ETF Stock Up 5.3 %
Shares of BATS:USMV opened at $93.30 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The firm has a market capitalization of $23.71 billion, a P/E ratio of 24.43 and a beta of 0.79. The firm has a fifty day moving average of $91.37 and a two-hundred day moving average of $91.47.
iShares MSCI USA Min Vol Factor ETF Company 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.
See Also
- Five stocks we like better than iShares MSCI USA Min Vol Factor ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- GitLab: Get In While It’s Down—Big Rebound Ahead
- Best Aerospace Stocks Investing
- Tesla Stock: Finding a Bottom May Take Time
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report).
Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
