Sweeney & Michel LLC Has $1.60 Million Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Sweeney & Michel LLC raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,265 shares of the company’s stock after purchasing an additional 745 shares during the period. Sweeney & Michel LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,603,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $30,000. Flagstar Advisors Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the first quarter. Flagstar Advisors Inc. now owns 6,211 shares of the company’s stock valued at $519,000 after purchasing an additional 524 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% in the second quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock valued at $399,000 after purchasing an additional 1,270 shares during the last quarter. Capstone Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 38.4% in the first quarter. Capstone Investment Advisors LLC now owns 860,729 shares of the company’s stock valued at $71,940,000 after purchasing an additional 238,700 shares during the last quarter. Finally, Banco Santander S.A. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.2% in the second quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock valued at $8,329,000 after purchasing an additional 1,200 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded down $0.42 on Tuesday, hitting $92.45. The company’s stock had a trading volume of 706,486 shares. The stock’s 50 day moving average is $90.79 and its 200-day moving average is $86.06. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company has a market capitalization of $27.09 billion, a PE ratio of 25.30 and a beta of 0.59.

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.