Prostatis Group LLC Purchases 244 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Prostatis Group LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,486 shares of the company’s stock after acquiring an additional 244 shares during the period. Prostatis Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $327,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Compass Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after acquiring an additional 123 shares in the last quarter. ROSS JOHNSON & Associates LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $28,000. Columbia River Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $30,000. Flaharty Asset Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $30,000. Finally, LRI Investments LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the first quarter worth approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $94.01 on Friday. The business’s 50 day simple moving average is $94.00 and its two-hundred day simple moving average is $92.88. The firm has a market cap of $23.99 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $83.99 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.