Sigma Planning Corp Increases Stake in iShares MSCI USA Min Vol Factor ETF $USMV

Sigma Planning Corp lifted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,526 shares of the company’s stock after acquiring an additional 6,073 shares during the quarter. Sigma Planning Corp’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $14,516,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in USMV. Frankly Finances LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $25,000. Investors Research Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $26,000. Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $29,000. Finally, Abound Wealth Management increased its holdings in iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after buying an additional 271 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Down 1.0%

Shares of BATS:USMV opened at $96.88 on Wednesday. The company has a market capitalization of $24.72 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.73. The firm has a 50 day moving average of $95.95 and a 200 day moving average of $95.13.

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.