Calton & Associates Inc. Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Calton & Associates Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,188 shares of the company’s stock, valued at approximately $372,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Securities Inc. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 39.0% in the 4th quarter. Fifth Third Securities Inc. now owns 6,791 shares of the company’s stock worth $603,000 after purchasing an additional 1,907 shares in the last quarter. Crews Bank & Trust bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $46,000. Enzi Wealth grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 3.0% in the fourth quarter. Enzi Wealth now owns 141,134 shares of the company’s stock worth $12,792,000 after purchasing an additional 4,124 shares during the last quarter. Baring Financial LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $2,003,000. Finally, Ibex Wealth Advisors purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $5,476,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.2 %

Shares of USMV opened at $92.40 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm’s 50-day moving average price is $90.97 and its 200-day moving average price is $90.31. The firm has a market capitalization of $27.07 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.