ORG Partners LLC Buys New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

ORG Partners LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, HoldingsChannel reports. The fund purchased 35,482 shares of the company’s stock, valued at approximately $2,973,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of USMV. Sage Capital Advisors llc lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after buying an additional 123 shares during the period. Phillips Wealth Planners LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% in the 4th quarter. Phillips Wealth Planners LLC now owns 5,887 shares of the company’s stock worth $464,000 after acquiring an additional 134 shares during the period. GW Henssler & Associates Ltd. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.3% during the 1st quarter. GW Henssler & Associates Ltd. now owns 10,850 shares of the company’s stock worth $907,000 after purchasing an additional 135 shares in the last quarter. Sandy Spring Bank increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 25.7% during the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock valued at $57,000 after purchasing an additional 150 shares during the period. Finally, Fisher Asset Management LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% in the fourth quarter. Fisher Asset Management LLC now owns 4,554 shares of the company’s stock valued at $355,000 after purchasing an additional 151 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

USMV stock traded up $0.56 during midday trading on Wednesday, hitting $87.98. The stock had a trading volume of 1,154,003 shares. The stock has a 50-day simple moving average of $84.90 and a 200 day simple moving average of $82.86. The firm has a market capitalization of $25.78 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week 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.