American Capital Advisory LLC Acquires 949 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

American Capital Advisory LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,460.0% during the third quarter, Holdings Channel reports. The firm owned 1,014 shares of the company’s stock after buying an additional 949 shares during the quarter. American Capital Advisory LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $93,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of USMV. Headlands Technologies LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $30,000. Gleason Group Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $33,000. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $38,000. Finally, Bfsg LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 228 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.9 %

Shares of BATS USMV traded up $0.79 during midday trading on Wednesday, hitting $90.73. The stock had a trading volume of 1,730,101 shares. The company has a market cap of $26.58 billion, a P/E ratio of 25.30 and a beta of 0.59. The business’s 50 day moving average is $91.14 and its 200-day moving average is $86.83. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.