Requisite Capital Management LLC Invests $593,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Requisite Capital Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,091 shares of the company’s stock, valued at approximately $593,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keener Financial Planning LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $26,000. Horrell Capital Management Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $27,000. Global Trust Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $27,000. M&R Capital Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $34,000. Finally, SYM FINANCIAL Corp raised its holdings in 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 valued at $38,000 after acquiring an additional 340 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.3 %

BATS:USMV traded up $0.26 on Tuesday, reaching $84.02. 2,028,698 shares of the company’s stock traded hands. The stock has a 50-day simple moving average of $82.84 and a 200-day simple moving average of $81.29. The firm has a market cap of $24.62 billion, a PE ratio of 25.30 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.

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.