Vicus Capital Invests $4.37 Million in iShares MSCI USA Min Vol Factor ETF $USMV

Vicus Capital acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 46,495 shares of the company’s stock, valued at approximately $4,365,000.

A number of other institutional investors and hedge funds have also made changes to their positions in USMV. Brighton Jones LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 12.9% during the 4th quarter. Brighton Jones LLC now owns 11,290 shares of the company’s stock worth $1,002,000 after buying an additional 1,291 shares during the last quarter. Millennium Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 76.8% during the 4th quarter. Millennium Management LLC now owns 12,150 shares of the company’s stock worth $1,079,000 after buying an additional 5,277 shares during the last quarter. GAMMA Investing LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 12,729.1% in the 1st quarter. GAMMA Investing LLC now owns 253,631 shares of the company’s stock valued at $23,755,000 after purchasing an additional 251,654 shares in the last quarter. Fiduciary Alliance LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 36.7% in the 1st quarter. Fiduciary Alliance LLC now owns 3,612 shares of the company’s stock valued at $338,000 after purchasing an additional 969 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in iShares MSCI USA Min Vol Factor ETF by 27.0% in the 1st quarter. Merit Financial Group LLC now owns 97,585 shares of the company’s stock valued at $9,140,000 after purchasing an additional 20,758 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 7.2%

Shares of BATS USMV opened at $95.01 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $83.99 and a 12-month high of $95.12. The company has a market cap of $24.25 billion, a P/E ratio of 22.90 and a beta of 0.72. The stock has a fifty day moving average price of $93.78 and a 200 day moving average price of $92.77.

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.