65,101 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Acquired by Mullooly Asset Management Inc.

Mullooly Asset Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 65,101 shares of the company’s stock, valued at approximately $6,097,000. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.1% of Mullooly Asset Management Inc.’s portfolio, making the stock its 11th largest holding.

Other institutional investors also recently bought and sold shares of the company. Baker Avenue Asset Management LP increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.2% during the first quarter. Baker Avenue Asset Management LP now owns 2,522 shares of the company’s stock valued at $236,000 after acquiring an additional 192 shares in the last quarter. MONECO Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% during the first quarter. MONECO Advisors LLC now owns 106,960 shares of the company’s stock valued at $10,018,000 after buying an additional 674 shares during the last quarter. Moors & Cabot Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.6% in the 1st quarter. Moors & Cabot Inc. now owns 11,819 shares of the company’s stock valued at $1,107,000 after acquiring an additional 1,414 shares during the period. MGO One Seven LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 122.2% in the 1st quarter. MGO One Seven LLC now owns 137,632 shares of the company’s stock worth $12,891,000 after acquiring an additional 75,693 shares during the last quarter. Finally, Sovereign Investment Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 12.4% in the 1st quarter. Sovereign Investment Advisors LLC now owns 321,472 shares of the company’s stock worth $30,109,000 after acquiring an additional 35,580 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $92.34 on Friday. The business’s 50-day simple moving average is $93.14 and its two-hundred day simple moving average is $92.34. The company has a market cap of $23.56 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12.

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.