23,941 Shares of iShares MSCI USA Min Vol Factor ETF $USMV Bought by Signaturefd LLC

Signaturefd LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 23,941 shares of the company’s stock, valued at approximately $2,333,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bond & Devick Financial Network Inc. boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 24.9% in the third quarter. Bond & Devick Financial Network Inc. now owns 2,610 shares of the company’s stock worth $254,000 after acquiring an additional 520 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $21,050,000. Anderson Hoagland & Co. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $26,131,000. Simplicity Wealth LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 11.1% in the third quarter. Simplicity Wealth LLC now owns 19,670 shares of the company’s stock valued at $1,917,000 after purchasing an additional 1,973 shares during the period. Finally, Evergreen Capital Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $8,523,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $102.95 on Monday. The stock’s 50-day moving average is $100.22 and its 200-day moving average is $97.61. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $103.58. The company has a market cap of $26.27 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.