MV Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) during the 4th quarter, Holdings Channel reports. The firm purchased 211,341 shares of the company’s stock, valued at approximately $19,900,000. iShares MSCI USA Min Vol Factor ETF accounts for about 1.9% of MV Capital Management Inc.’s holdings, making the stock its 14th largest position.
Other large investors have also modified their holdings of the company. WealthPLAN Partners LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.6% during the 4th quarter. WealthPLAN Partners LLC now owns 4,160 shares of the company’s stock worth $392,000 after purchasing an additional 105 shares during the last quarter. Millstone Evans Group LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 6.3% in the 4th quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after buying an additional 106 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 0.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after buying an additional 118 shares during the last quarter. Opulen Financial Group LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 2.4% during the third quarter. Opulen Financial Group LLC now owns 5,120 shares of the company’s stock worth $487,000 after buying an additional 118 shares in the last quarter. Finally, Beacon Capital Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 4.4% during the fourth quarter. Beacon Capital Management LLC now owns 2,862 shares of the company’s stock worth $269,000 after buying an additional 120 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Stock Down 0.4%
BATS USMV opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The business has a fifty day moving average of $95.04 and a 200-day moving average of $94.85. The stock has a market cap of $24.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.
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.
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