Flow Traders U.S. LLC Makes New $2.29 Million Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,770 shares of the company’s stock, valued at approximately $2,287,000.

A number of other large investors have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $28,000. Stonebridge Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 180.4% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 401 shares of the company’s stock valued at $29,000 after acquiring an additional 258 shares in the last quarter. Impact Partnership Wealth LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth $30,000. Element Wealth LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 77.6% during the second quarter. Element Wealth LLC now owns 428 shares of the company’s stock worth $32,000 after acquiring an additional 187 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $31,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV stock opened at $74.78 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock’s 50-day moving average is $73.22 and its two-hundred day moving average is $73.60. The firm has a market cap of $28.69 billion, a P/E ratio of 20.17 and a beta of 0.75.

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.