3,036 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Capital Advantage Inc.

Capital Advantage Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,036 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors have also modified their holdings of the company. VSM Wealth Advisory LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $27,000. Howe & Rusling Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% in the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after acquiring an additional 146 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $28,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $28,000. Finally, AlphaMark Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 4.3 %

Shares of USMV opened at $92.45 on Wednesday. The firm’s fifty day moving average is $91.48 and its two-hundred day moving average is $91.57. The stock has a market cap of $23.85 billion, a PE ratio of 23.82 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $81.34 and a 52-week high of $95.12.

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.