iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,827 shares of the company’s stock after purchasing an additional 6,660 shares during the period. Merit Financial Group LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,821,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of USMV. Fortitude Family Office LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $38,000. Bfsg LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the period. Arrow Financial Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $45,000. Eastern Bank acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $92,000. Finally, American Capital Advisory LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 1,460.0% in the 3rd quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock valued at $93,000 after acquiring an additional 949 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $89.87 on Friday. The company’s 50-day simple moving average is $91.16 and its 200-day simple moving average is $89.94. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock has a market capitalization of $26.33 billion, a PE ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.