Courier Capital LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Courier Capital LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 2,570 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds also recently made changes to their positions in the company. Patriot Investment Management Group Inc. boosted its position in iShares MSCI USA Min Vol Factor ETF by 1.1% during the fourth quarter. Patriot Investment Management Group Inc. now owns 28,284 shares of the company’s stock valued at $2,207,000 after acquiring an additional 294 shares during the last quarter. PFG Investments LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $1,928,000. Vision Capital Management Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $227,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $346,000. Finally, Cordatus Wealth Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.7% in the fourth quarter. Cordatus Wealth Management LLC now owns 51,927 shares of the company’s stock worth $4,052,000 after purchasing an additional 1,356 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 1.1 %

iShares MSCI USA Min Vol Factor ETF stock opened at $83.36 on Thursday. The company has a market capitalization of $31.98 billion, a PE ratio of 20.17 and a beta of 0.75. The firm’s fifty day moving average is $81.13 and its 200 day moving average is $77.22. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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