QRG Capital Management Inc. Buys 942 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

QRG Capital Management Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,436 shares of the company’s stock after buying an additional 942 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $571,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Alterna Wealth Management Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 40.4% during the 3rd quarter. Alterna Wealth Management Inc. now owns 8,003 shares of the company’s stock valued at $731,000 after purchasing an additional 2,303 shares during the period. Clarity Capital Partners LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $214,000. James J. Burns & Company LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $228,000. United Advisor Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth $645,000. Finally, Ameritas Advisory Services LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 31.9% during the third quarter. Ameritas Advisory Services LLC now owns 91,876 shares of the company’s stock worth $8,389,000 after buying an additional 22,223 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.3 %

USMV stock opened at $93.30 on Wednesday. The firm has a market cap of $23.71 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. The company’s fifty day simple moving average is $91.37 and its 200 day simple moving average is $91.47. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

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.