5,467 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Optivise Advisory Services LLC

Optivise Advisory Services LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,467 shares of the company’s stock, valued at approximately $499,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $30,000. Gleason Group Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $32,000. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $33,000. Strategic Financial Concepts LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter valued at $35,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.5 %

iShares MSCI USA Min Vol Factor ETF stock opened at $93.46 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The firm has a market capitalization of $27.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm’s fifty day moving average price is $91.60 and its two-hundred day moving average price is $87.70.

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.