Koenig Investment Advisory LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 148,155 shares of the company’s stock, valued at approximately $14,341,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 11.7% of Koenig Investment Advisory LLC’s investment portfolio, making the stock its 2nd biggest holding.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Frankly Finances LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $26,000. Elevated Capital Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $29,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Finally, Abound Wealth Management boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% in the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares during the period.
iShares MSCI USA Min Vol Factor ETF Price Performance
BATS USMV opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07. The business has a 50 day moving average price of $95.04 and a two-hundred day moving average price of $94.85. The stock has a market cap of $24.05 billion, a PE ratio of 22.90 and a beta of 0.72.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Min Vol Factor ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
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:USMV – Free Report).
Receive News & Ratings for iShares MSCI USA Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
