Millstone Evans Group LLC Invests $38,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Millstone Evans Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 423 shares of the company’s stock, valued at approximately $38,000.

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

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

USMV opened at $93.08 on Tuesday. The company’s 50 day moving average is $92.36 and its 200-day moving average is $91.68. The company has a market cap of $24.29 billion, a P/E ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $79.69 and a 1-year high of $95.12.

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.