Custos Family Office LLC Buys 13,251 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Custos Family Office LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.5% in the fourth quarter, HoldingsChannel reports. The firm owned 215,895 shares of the company’s stock after purchasing an additional 13,251 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 6.7% of Custos Family Office LLC’s holdings, making the stock its 3rd largest holding. Custos Family Office LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $19,169,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in USMV. Millburn Ridgefield Corp increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% in the fourth quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock valued at $324,208,000 after purchasing an additional 180,849 shares during the period. Darrow Company Inc. increased its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock valued at $13,755,000 after acquiring an additional 1,256 shares during the period. Golden State Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,529,000. Advisors Preferred LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $438,000. Finally, MONECO Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after acquiring an additional 427 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.26 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The stock’s fifty day moving average is $91.95 and its 200-day moving average is $91.62. The firm has a market capitalization of $24.34 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77.

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.