Strategic Wealth Investment Group LLC Invests $1.97 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Strategic Wealth Investment Group LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 22,170 shares of the company’s stock, valued at approximately $1,968,000.

Other hedge funds also recently made changes to their positions in the company. AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $30,000. Valued Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000. Sound Income Strategies LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after acquiring an additional 143 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth about $38,000. Finally, Bfsg LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 116.9% in the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $91.88 on Tuesday. The firm has a market capitalization of $26.92 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The firm has a 50 day moving average price of $90.96 and a 200-day moving average price of $90.21. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.