Capital Advantage Inc. Makes New $270,000 Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Capital Advantage Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, Holdings Channel.com reports. The firm acquired 3,036 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors have also modified their holdings of the company. Cary Street Partners Financial LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $2,556,000. Chapman Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $28,000. Baird Financial Group Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.9% during the fourth quarter. Baird Financial Group Inc. now owns 143,755 shares of the company’s stock worth $12,764,000 after purchasing an additional 5,401 shares during the last quarter. Baker Avenue Asset Management LP acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $207,000. Finally, Benjamin Edwards Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 17.6% in the fourth quarter. Benjamin Edwards Inc. now owns 10,096 shares of the company’s stock valued at $897,000 after purchasing an additional 1,513 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $92.45 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $81.34 and a 1-year high of $95.12. The stock has a market cap of $23.85 billion, a PE ratio of 23.82 and a beta of 0.74. The firm has a fifty day moving average price of $91.48 and a 200 day moving average price of $91.57.

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.