Silver Oak Securities Incorporated Buys 24,072 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Silver Oak Securities Incorporated boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 307.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,907 shares of the company’s stock after buying an additional 24,072 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,030,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in USMV. Insight Inv LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at approximately $1,083,000. Win Advisors Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $899,000. Dynasty Wealth Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 7.2% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock worth $120,051,000 after purchasing an additional 84,969 shares during the period. Becker Capital Management Inc. bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $569,000. Finally, Cynosure Group LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 16.8% during the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock valued at $4,036,000 after purchasing an additional 6,104 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6%

Shares of USMV stock opened at $91.69 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $83.99 and a twelve month high of $98.07. The stock has a fifty day simple moving average of $95.17 and a two-hundred day simple moving average of $94.55. The stock has a market capitalization of $23.40 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.