Ibex Wealth Advisors Buys Shares of 61,672 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ibex Wealth Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, HoldingsChannel reports. The fund purchased 61,672 shares of the company’s stock, valued at approximately $5,476,000.

Several other institutional investors also recently modified their holdings of USMV. SpiderRock Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth $629,000. EdgeRock Capital LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after purchasing an additional 3,371 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% during the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after buying an additional 43,846 shares during the period. Bell Investment Advisors Inc raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 42.2% during the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock valued at $3,516,000 after acquiring an additional 11,432 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in iShares MSCI USA Min Vol Factor ETF by 149.9% in the third quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock worth $581,000 after acquiring an additional 3,819 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock traded up $3.16 during mid-day trading on Wednesday, reaching $91.80. 2,063,105 shares of the company traded hands. The firm’s 50 day moving average price is $90.98 and its 200 day moving average price is $90.30. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The firm has a market capitalization of $26.90 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

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.