Bfsg LLC Acquires Shares of 1,713 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Bfsg LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,713 shares of the company’s stock, valued at approximately $134,000.

A number of other large investors have also recently made changes to their positions in the stock. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $26,000. Horrell Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $27,000. Global Trust Asset Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $27,000. M&R Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $34,000. Finally, Sandy Spring Bank grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 484.0% during the 3rd quarter. Sandy Spring Bank now owns 584 shares of the company’s stock worth $42,000 after acquiring an additional 484 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.2 %

USMV stock traded up $0.18 during midday trading on Thursday, hitting $81.35. The company’s stock had a trading volume of 1,926,904 shares. The company has a market cap of $23.79 billion, a PE ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm’s 50-day moving average is $81.78 and its 200-day moving average is $78.33.

About iShares MSCI USA Min Vol Factor ETF

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.