2,809 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Bought by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,809 shares of the company’s stock, valued at approximately $264,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Compass Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 82.0% during the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after acquiring an additional 123 shares in the last quarter. ROSS JOHNSON & Associates LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $28,000. Avion Wealth boosted its stake in iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares in the last quarter. Flaharty Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000. Finally, LRI Investments LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.2%

Shares of BATS USMV opened at $93.23 on Monday. The firm has a market cap of $23.79 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company’s fifty day simple moving average is $94.23 and its 200 day simple moving average is $93.33.

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.