Fiduciary Alliance LLC Invests $235,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fiduciary Alliance LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,643 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors have also modified their holdings of USMV. Headlands Technologies LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $30,000. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $38,000. Bfsg LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares during the period. Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $45,000. Finally, Eastern Bank bought a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $92,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

USMV stock opened at $88.64 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The business’s 50 day moving average is $91.36 and its 200-day moving average is $89.87. The firm has a market cap of $25.97 billion, a P/E ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF Company 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.