Edge Capital Group LLC Invests $336,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Edge Capital Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,787 shares of the company’s stock, valued at approximately $336,000.

A number of other institutional investors have also recently made changes to their positions in USMV. Stonebridge Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $30,000. Sound Income Strategies LLC increased its position 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 period. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $93.47 on Tuesday. The stock has a 50-day moving average of $90.80 and a two-hundred day moving average of $91.16. The stock has a market cap of $23.75 billion, a P/E ratio of 24.43 and a beta of 0.79. 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.