iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Smithfield Trust Co

Smithfield Trust Co raised its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 70.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,529 shares of the company’s stock after buying an additional 1,456 shares during the quarter. Smithfield Trust Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USMV. QRG Capital Management Inc. raised its stake in iShares MSCI USA Min Vol Factor ETF by 15.6% during the third quarter. QRG Capital Management Inc. now owns 5,494 shares of the company’s stock valued at $502,000 after buying an additional 742 shares in the last quarter. United Advisor Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $645,000. JFG Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the third quarter worth $791,000. Flagship Private Wealth LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 12.1% in the third quarter. Flagship Private Wealth LLC now owns 128,139 shares of the company’s stock worth $11,700,000 after purchasing an additional 13,803 shares during the period. Finally, Avidian Wealth Enterprises LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2,578.5% in the third quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after purchasing an additional 167,162 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.8 %

USMV opened at $93.76 on Thursday. The firm has a market cap of $23.82 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The company’s 50-day moving average price is $91.44 and its 200 day moving average price is $91.48.

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.