iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Archford Capital Strategies LLC

Archford Capital Strategies LLC grew its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 24.2% in the fourth quarter, HoldingsChannel reports. The fund owned 27,566 shares of the company’s stock after acquiring an additional 5,374 shares during the quarter. Archford Capital Strategies LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,448,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of USMV. AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Sound Income Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after buying an additional 143 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $38,000. Bfsg LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares in the last quarter. Finally, Arrow Financial Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $90.97 on Friday. The firm has a fifty day moving average of $90.96 and a 200 day moving average of $90.17. The firm has a market cap of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

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.