Investment Partners LTD. Makes New $5.19 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Investment Partners LTD. bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 53,258 shares of the company’s stock, valued at approximately $5,190,000.

A number of other large investors also recently modified their holdings of the stock. NFSG Corp increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 134.6% in the third quarter. NFSG Corp now owns 366 shares of the company’s stock valued at $36,000 after purchasing an additional 210 shares in the last quarter. Beacon Financial Strategies CORP acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $42,000. MADDEN SECURITIES Corp acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $74,000. Main Street Group LTD bought a new position in iShares MSCI USA Min Vol Factor ETF in the 1st quarter valued at $77,000. Finally, Compass Financial Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at $84,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $102.93 on Friday. The stock has a fifty day moving average of $100.46 and a 200-day moving average of $96.99. The stock has a market capitalization of $26.27 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $103.84.

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.