2,424 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Purchased by Jim Saulnier & Associates LLC

Jim Saulnier & Associates LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,424 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. Headlands Technologies LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $30,000. Gleason Group Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $32,000. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the second quarter worth about $33,000. Strategic Financial Concepts LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $35,000. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

BATS USMV opened at $93.46 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The stock has a market cap of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company has a 50-day moving average price of $91.64 and a two-hundred day moving average price of $87.79.

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.