Greenwood Gearhart Inc. Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Greenwood Gearhart Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,589 shares of the company’s stock, valued at approximately $469,000.

A number of other large investors have also made changes to their positions in USMV. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $30,000. Gleason Group Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth approximately $35,000. Finally, Naples Money Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $41,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $90.33 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The firm has a market cap of $26.47 billion, a PE ratio of 25.30 and a beta of 0.59. The firm’s 50 day moving average price is $87.48 and its two-hundred day moving average price is $84.21.

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.