16,281 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Purchased by Brueske Advisory Services LLC

Brueske Advisory Services LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, HoldingsChannel.com reports. The fund bought 16,281 shares of the company’s stock, valued at approximately $1,446,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.3% of Brueske Advisory Services LLC’s holdings, making the stock its 15th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $28,000. AlphaMark Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $30,000. Valued Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $30,000. Sound Income Strategies LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.31 on Thursday. The firm has a market capitalization of $23.71 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock’s fifty day moving average is $90.97 and its 200-day moving average is $91.27.

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.