iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Patten Group Inc.

Patten Group Inc. raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,579 shares of the company’s stock after buying an additional 140 shares during the period. Patten Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $584,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Millburn Ridgefield Corp boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Millburn Ridgefield Corp now owns 3,651,407 shares of the company’s stock worth $324,208,000 after buying an additional 180,849 shares during the last quarter. Darrow Company Inc. boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. Darrow Company Inc. now owns 154,918 shares of the company’s stock worth $13,755,000 after buying an additional 1,256 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $1,529,000. SpiderRock Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth about $629,000. Finally, Advisors Preferred LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $438,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.30 on Wednesday. The stock has a market cap of $23.71 billion, a P/E ratio of 24.43 and a beta of 0.79. The stock’s 50 day simple moving average is $91.37 and its 200-day simple moving average is $91.47. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.