Compass Financial Group Inc. Ohio bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 67,323 shares of the company’s stock, valued at approximately $6,339,000. iShares MSCI USA Min Vol Factor ETF makes up about 4.6% of Compass Financial Group Inc. Ohio’s holdings, making the stock its 6th largest holding.
Several other hedge funds have also recently added to or reduced their stakes in the business. Frankly Finances LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $25,000. Investors Research Corp acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $26,000. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $29,000. Chapman Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $29,000. Finally, Abound Wealth Management boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares in the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
Shares of BATS USMV opened at $94.24 on Friday. The stock’s fifty day simple moving average is $95.04 and its 200 day simple moving average is $94.85. The stock has a market capitalization of $24.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $98.07.
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.
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