Petix & Botte Co Acquires 473 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Petix & Botte Co lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,423 shares of the company’s stock after acquiring an additional 473 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up 1.5% of Petix & Botte Co’s portfolio, making the stock its 20th largest holding. Petix & Botte Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,105,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $26,000. Horrell Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. Global Trust Asset Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $27,000. M&R Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $34,000. Finally, SYM FINANCIAL Corp increased its stake in iShares MSCI USA Min Vol Factor ETF by 232.9% during the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after acquiring an additional 340 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

Shares of USMV stock traded up $0.50 during mid-day trading on Monday, reaching $81.62. The stock had a trading volume of 1,147,176 shares. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The firm has a market cap of $23.91 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50 day simple moving average is $81.79 and its 200 day simple moving average is $78.82.

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.