Sigma Planning Corp Makes New $7.31 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Sigma Planning Corp acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 75,073 shares of the company’s stock, valued at approximately $7,311,000.

Other institutional investors also recently added to or reduced their stakes in the company. Kwmg LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 6.5% in the 3rd quarter. Kwmg LLC now owns 153,852 shares of the company’s stock worth $14,991,000 after acquiring an additional 9,418 shares during the period. TD Waterhouse Canada Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 19.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 35,218 shares of the company’s stock valued at $3,398,000 after purchasing an additional 5,647 shares in the last quarter. Arlington Capital Management Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at approximately $14,804,000. Invariant Investment Management acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $5,077,000. Finally, The Manufacturers Life Insurance Company acquired a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter worth $7,454,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $102.95 on Monday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $103.58. The stock has a market cap of $26.27 billion, a P/E ratio of 22.90 and a beta of 0.72. The business has a fifty day simple moving average of $100.22 and a 200-day simple moving average of $97.61.

About iShares MSCI USA Min Vol Factor ETF

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.