Edge Capital Group LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Edge Capital Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,787 shares of the company’s stock, valued at approximately $336,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Asset Advisors Investment Management LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 4.9% during the fourth quarter. Asset Advisors Investment Management LLC now owns 153,262 shares of the company’s stock valued at $13,608,000 after buying an additional 7,135 shares during the period. New World Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 8.7% during the 4th quarter. New World Advisors LLC now owns 3,747 shares of the company’s stock valued at $333,000 after acquiring an additional 300 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $1,130,000. BCGM Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 4th quarter. BCGM Wealth Management LLC now owns 19,033 shares of the company’s stock valued at $1,690,000 after acquiring an additional 154 shares during the period. Finally, MONECO Advisors LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 4th quarter. MONECO Advisors LLC now owns 106,286 shares of the company’s stock worth $9,437,000 after acquiring an additional 427 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $93.47 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The business has a fifty day moving average price of $90.80 and a 200 day moving average price of $91.16. The stock has a market capitalization of $23.75 billion, a P/E ratio of 24.43 and a beta of 0.79.

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.