iShares MSCI USA Min Vol Factor ETF $USMV Shares Newly Bought by Legacy Private Trust Co.

Legacy Private Trust Co. acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 30,259 shares of the company’s stock, valued at approximately $2,948,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Tompkins Financial Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $4,717,000. Baker Tilly Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $266,000. Private Client Services LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $378,000. QRG Capital Management Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF by 25.8% during the 2nd quarter. QRG Capital Management Inc. now owns 6,389 shares of the company’s stock worth $616,000 after purchasing an additional 1,310 shares during the period. Finally, Anchor Investment Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 18.1% during the 2nd quarter. Anchor Investment Management LLC now owns 2,357 shares of the company’s stock worth $227,000 after purchasing an additional 362 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV traded up $0.68 on Tuesday, reaching $99.66. 567,420 shares of the stock traded hands, compared to its average volume of 2,301,694. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $102.21. The company has a market cap of $25.43 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The company has a fifty day moving average price of $99.80 and a 200-day moving average price of $96.76.

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.