Quent Capital LLC Acquires 310 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Quent Capital LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 96.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 632 shares of the company’s stock after acquiring an additional 310 shares during the period. Quent Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $56,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sovran Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $670,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $28,000. BostonPremier Wealth LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $803,000. Focus Financial Network Inc. increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the 4th quarter. Focus Financial Network Inc. now owns 45,464 shares of the company’s stock valued at $4,037,000 after buying an additional 139 shares in the last quarter. Finally, Sapient Capital LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 25.2% in the 4th quarter. Sapient Capital LLC now owns 22,006 shares of the company’s stock valued at $1,954,000 after buying an additional 4,427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.7 %

USMV opened at $93.69 on Friday. The stock has a market cap of $27.45 billion, a P/E ratio of 25.30 and a beta of 0.59. The company has a fifty day simple moving average of $90.71 and a 200 day simple moving average of $90.78. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.