Opulen Financial Group LLC Takes $443,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Opulen Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,992 shares of the company’s stock, valued at approximately $443,000.

Several other institutional investors and hedge funds have also bought and sold shares of USMV. Anchor Investment Management LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after buying an additional 112 shares in the last quarter. Flputnam Investment Management Co. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 4.3% during the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock worth $263,000 after buying an additional 123 shares during the period. Mcdonald Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% during the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock worth $1,299,000 after purchasing an additional 125 shares in the last quarter. Aveo Capital Partners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% during the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock worth $319,000 after purchasing an additional 129 shares in the last quarter. Finally, First Bank & Trust lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the fourth quarter. First Bank & Trust now owns 5,338 shares of the company’s stock worth $474,000 after purchasing an additional 133 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.8 %

Shares of BATS:USMV opened at $93.76 on Thursday. The firm’s 50 day moving average price is $91.44 and its 200 day moving average price is $91.48. The stock has a market cap of $23.82 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.