Claro Advisors LLC Purchases 780 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Claro Advisors LLC increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 14.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,227 shares of the company’s stock after purchasing an additional 780 shares during the period. Claro Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $520,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ADE LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.6% during the 1st quarter. ADE LLC now owns 106,131 shares of the company’s stock valued at $8,870,000 after buying an additional 2,739 shares in the last quarter. Founders Financial Securities LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 298.3% in the first quarter. Founders Financial Securities LLC now owns 105,182 shares of the company’s stock worth $8,791,000 after buying an additional 78,772 shares during the last quarter. Foguth Wealth Management LLC. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $658,000. First Bank & Trust bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $491,000. Finally, Independence Bank of Kentucky lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 28.7% during the first quarter. Independence Bank of Kentucky now owns 5,127 shares of the company’s stock worth $429,000 after purchasing an additional 1,142 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3 %

Shares of iShares MSCI USA Min Vol Factor ETF stock traded down $0.23 during trading on Monday, hitting $83.73. 1,999,206 shares of the stock traded hands. The firm has a market cap of $24.53 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock’s fifty day simple moving average is $82.73 and its 200 day simple moving average is $81.20.

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.