Signal Advisors Wealth LLC Purchases 1,880 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Signal Advisors Wealth LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 15.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,912 shares of the company’s stock after acquiring an additional 1,880 shares during the period. Signal Advisors Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,303,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. VSM Wealth Advisory LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $27,000. Howe & Rusling Inc. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after purchasing an additional 146 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $28,000. Chapman Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $28,000. Finally, Millstone Evans Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.8%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.77 on Friday. The stock has a 50 day moving average of $91.53 and a 200 day moving average of $91.79. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $82.32 and a 12 month high of $95.12. The firm has a market cap of $24.04 billion, a PE ratio of 24.27 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF Company 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.