Stillwater Wealth Management Group bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 6,285 shares of the company’s stock, valued at approximately $598,000.
Other institutional investors also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $558,000. CIBC Bancorp USA Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $1,659,000. Tcfg Wealth Management LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $7,967,000. Aspire Private Capital LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.7% in the 3rd quarter. Aspire Private Capital LLC now owns 2,794 shares of the company’s stock worth $266,000 after buying an additional 176 shares during the last quarter. Finally, Advisory Services Network LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% in the 3rd quarter. Advisory Services Network LLC now owns 49,789 shares of the company’s stock worth $4,737,000 after buying an additional 343 shares during the last quarter.
iShares MSCI USA Min Vol Factor ETF Price Performance
USMV opened at $93.49 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $98.07. The business has a 50-day moving average of $95.53 and a two-hundred day moving average of $94.66. The stock has a market capitalization of $23.86 billion, a price-to-earnings 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
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