iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. raised its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,426 shares of the company’s stock after acquiring an additional 177 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $393,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Strategic Financial Concepts LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $35,000. Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000. Bfsg LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter. Finally, Arrow Financial Corp purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $45,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $88.61 on Tuesday. The firm’s 50-day simple moving average is $91.63 and its 200-day simple moving average is $89.65. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market cap of $25.96 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.