Signature Resources Capital Management LLC Acquires Shares of 1,259 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Signature Resources Capital Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,259 shares of the company’s stock, valued at approximately $98,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ergawealth Advisors Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 2.5% in the fourth quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock valued at $2,207,000 after buying an additional 696 shares during the last quarter. EWA LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.2% in the 4th quarter. EWA LLC now owns 115,354 shares of the company’s stock valued at $9,269,000 after acquiring an additional 9,725 shares during the last quarter. White Pine Investment CO raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock valued at $11,894,000 after acquiring an additional 668 shares in the last quarter. Investment Advisory Group LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.8% during the fourth quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock worth $5,481,000 after purchasing an additional 1,263 shares during the last quarter. Finally, Confluence Wealth Services Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $4,176,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

Shares of BATS:USMV traded up $0.47 on Friday, reaching $81.11. 2,356,724 shares of the company’s stock were exchanged. The business’s 50-day moving average is $81.78 and its two-hundred day moving average is $78.71. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market capitalization of $23.77 billion, a price-to-earnings 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.