340 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Acquired by AlphaMark Advisors LLC

AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 340 shares of the company’s stock, valued at approximately $30,000.

Several other hedge funds have also made changes to their positions in USMV. Sound Income Strategies LLC raised its stake in 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 worth $32,000 after buying an additional 143 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $38,000. Bfsg LLC raised its position 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 worth $39,000 after acquiring an additional 228 shares in the last quarter. Arrow Financial Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $45,000. Finally, Eastern Bank bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $92,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $90.97 on Monday. The company has a market capitalization of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59. The company has a 50-day simple moving average of $90.96 and a two-hundred day simple moving average of $90.21. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year 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.