Independence Bank of Kentucky Acquires 645 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Independence Bank of Kentucky lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) by 19.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,985 shares of the company’s stock after acquiring an additional 645 shares during the period. Independence Bank of Kentucky’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.8% during the first quarter. Bank of Montreal Can now owns 8,253 shares of the company’s stock worth $646,000 after acquiring an additional 594 shares during the period. Blair William & Co. IL boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.7% in the 1st quarter. Blair William & Co. IL now owns 95,612 shares of the company’s stock valued at $7,417,000 after purchasing an additional 1,612 shares during the period. AJ Wealth Strategies LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. AJ Wealth Strategies LLC now owns 1,348,690 shares of the company’s stock worth $104,618,000 after purchasing an additional 57,434 shares in the last quarter. Founders Financial Securities LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 27.0% during the 1st quarter. Founders Financial Securities LLC now owns 88,779 shares of the company’s stock worth $6,887,000 after purchasing an additional 18,853 shares in the last quarter. Finally, West Michigan Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 6.1% during the 1st quarter. West Michigan Advisors LLC now owns 12,575 shares of the company’s stock worth $975,000 after acquiring an additional 719 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $82.84 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm has a market cap of $31.78 billion, a P/E ratio of 20.17 and a beta of 0.75. The business’s fifty day moving average is $81.44 and its 200-day moving average is $77.47.

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

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

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