TBH Global Asset Management LLC Acquires Shares of 11,586 iShares MSCI USA Min Vol Factor ETF $USMV

TBH Global Asset Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,586 shares of the company’s stock, valued at approximately $1,102,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ROSS JOHNSON & Associates LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter valued at approximately $28,000. Avion Wealth lifted its position in iShares MSCI USA Min Vol Factor ETF by 88.8% during the second quarter. Avion Wealth now owns 304 shares of the company’s stock valued at $28,000 after buying an additional 143 shares during the period. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $29,000. Flaharty Asset Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth about $30,000. Finally, Phillips Financial Management LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $46,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.91 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $95.12. The stock has a market cap of $24.22 billion, a P/E ratio of 22.90 and a beta of 0.72. The firm has a 50-day moving average of $94.10 and a 200 day moving average of $93.83.

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.