Arkfeld Wealth Strategies L.L.C. Purchases 559 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Arkfeld Wealth Strategies L.L.C. grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 13.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,806 shares of the company’s stock after purchasing an additional 559 shares during the period. Arkfeld Wealth Strategies L.L.C.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $392,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of USMV. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $26,000. Horrell Capital Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. Global Trust Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $27,000. M&R Capital Management Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $34,000. Finally, SYM FINANCIAL Corp raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% during the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock worth $38,000 after buying an additional 340 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.34 on Wednesday, hitting $83.88. The company had a trading volume of 1,295,313 shares. The firm has a market capitalization of $24.58 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock has a 50-day moving average of $82.50 and a 200-day moving average of $81.07.

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.