Caprock Group LLC Takes Position in iShares MSCI USA Min Vol Factor ETF $USMV

Caprock Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, Holdings Channel reports. The institutional investor purchased 16,562 shares of the company’s stock, valued at approximately $1,561,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of Montreal Can lifted its stake in iShares MSCI USA Min Vol Factor ETF by 9.9% in the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 4,045 shares during the last quarter. Insight Inv LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $1,083,000. Win Advisors Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $899,000. Dynasty Wealth Management LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.2% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock valued at $120,051,000 after buying an additional 84,969 shares during the last quarter. Finally, Cynosure Group LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 16.8% during the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock worth $4,036,000 after acquiring an additional 6,104 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $96.19 on Friday. The firm has a market cap of $24.55 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $96.55. The business has a 50-day moving average of $94.71 and a 200 day moving average of $94.22.

About iShares MSCI USA Min Vol Factor ETF

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.