Legacy Solutions LLC Purchases New Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Legacy Solutions LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,126 shares of the company’s stock, valued at approximately $278,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $203,000. Whittier Trust Co. boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 73.6% during the 3rd quarter. Whittier Trust Co. now owns 25,011 shares of the company’s stock worth $2,284,000 after purchasing an additional 10,600 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 66,647 shares of the company’s stock worth $6,086,000 after purchasing an additional 3,369 shares during the last quarter. Sweeney & Michel LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 4.5% during the 3rd quarter. Sweeney & Michel LLC now owns 17,265 shares of the company’s stock worth $1,603,000 after purchasing an additional 745 shares during the last quarter. Finally, Eastern Bank acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $92,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.15 on Wednesday. The stock has a market cap of $27.29 billion, a P/E ratio of 25.30 and a beta of 0.59. The stock’s 50 day simple moving average is $90.69 and its 200-day simple moving average is $90.94. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.