Fulton Bank N.A. Purchases 154 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fulton Bank N.A. grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,609 shares of the company’s stock after purchasing an additional 154 shares during the period. Fulton Bank N.A.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Howe & Rusling Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after buying an additional 146 shares during the period. VSM Wealth Advisory LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $27,000. Chapman Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $28,000. Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $28,000. Finally, Millstone Evans Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $93.10 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $82.32 and a 52-week high of $95.12. The firm has a 50 day moving average price of $91.53 and a two-hundred day moving average price of $91.77. The firm has a market cap of $23.87 billion, a price-to-earnings ratio of 24.27 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.