Stonebridge Financial Group LLC Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Stonebridge Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 312 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds and other institutional investors have also bought and sold shares of USMV. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the 3rd quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock worth $913,000 after acquiring an additional 111 shares during the last quarter. Anchor Investment Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.0% during the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after buying an additional 112 shares during the last quarter. Focus Financial Network Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the fourth quarter. Focus Financial Network Inc. now owns 45,464 shares of the company’s stock worth $4,037,000 after buying an additional 139 shares during the period. Sound Income Strategies LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the 4th quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after acquiring an additional 143 shares during the last quarter. Finally, M3 Advisory Group LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 4.4% during the 3rd quarter. M3 Advisory Group LLC now owns 3,808 shares of the company’s stock valued at $348,000 after acquiring an additional 159 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $92.99 on Friday. The stock has a market capitalization of $27.25 billion, a P/E 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. The business’s 50 day simple moving average is $90.70 and its two-hundred day simple moving average is $90.80.

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.