Piedmont Capital Management LLC Purchases New Shares in iShares MSCI USA Min Vol Factor ETF $USMV

Piedmont Capital Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMVFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 204,778 shares of the company’s stock, valued at approximately $19,753,000. iShares MSCI USA Min Vol Factor ETF comprises about 10.1% of Piedmont Capital Management LLC’s investment portfolio, making the stock its 3rd biggest position. Piedmont Capital Management LLC owned about 0.08% of iShares MSCI USA Min Vol Factor ETF at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of USMV. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $29,000. Ankerstar Wealth LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $31,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $33,000. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $34,000. Finally, Entrust Financial LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $35,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2%

USMV opened at $101.52 on Tuesday. The business has a 50 day moving average price of $98.58 and a two-hundred day moving average price of $96.24. The company has a market cap of $25.91 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $102.21.

iShares MSCI USA Min Vol Factor ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

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