United Advisor Group LLC Acquires New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

United Advisor Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,066 shares of the company’s stock, valued at approximately $645,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $30,000. Gleason Group Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $33,000. Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $38,000. Finally, Bfsg LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% during the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after acquiring an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.9 %

Shares of USMV stock opened at $90.73 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The stock’s fifty day simple moving average is $91.14 and its 200 day simple moving average is $86.83. The firm has a market capitalization of $26.58 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.