Fortitude Family Office LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fortitude Family Office LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 414 shares of the company’s stock, valued at approximately $38,000.

Several other large investors have also recently bought and sold shares of USMV. Brighton Jones LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after buying an additional 111 shares in the last quarter. Asset Dedication LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after buying an additional 121 shares in the last quarter. Sensible Money LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock valued at $797,000 after buying an additional 121 shares in the last quarter. Sage Capital Advisors llc increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the second quarter. Sage Capital Advisors llc now owns 5,331 shares of the company’s stock valued at $448,000 after buying an additional 123 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock valued at $244,000 after buying an additional 123 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.5 %

Shares of USMV stock opened at $90.64 on Thursday. 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 has a market cap of $26.56 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a fifty day simple moving average of $91.14 and a 200-day simple moving average of $86.50.

About iShares MSCI USA Min Vol Factor ETF

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.