Howe & Rusling Inc. Acquires 146 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Howe & Rusling Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 94.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 301 shares of the company’s stock after acquiring an additional 146 shares during the period. Howe & Rusling Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $27,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $27,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $28,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Finally, Sound Income Strategies LLC increased 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 worth $32,000 after acquiring an additional 143 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $92.75 on Friday. The firm has a market capitalization of $24.21 billion, a P/E ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The company’s 50-day simple moving average is $92.67 and its 200 day simple moving average is $91.75.

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.