iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Professional Financial Advisors LLC

Professional Financial Advisors LLC raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,650 shares of the company’s stock after acquiring an additional 191 shares during the period. Professional Financial Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Horrell Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $27,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $28,000. Stonebridge Capital Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after purchasing an additional 258 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at approximately $31,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV traded up $0.96 during trading hours on Thursday, reaching $83.38. The stock had a trading volume of 1,594,497 shares. 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’s 50 day moving average is $81.13 and its 200-day moving average is $77.22. The stock has a market capitalization of $31.98 billion, a price-to-earnings ratio of 20.17 and a beta of 0.75.

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.