iShares MSCI USA Min Vol Factor ETF $USMV Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 32.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,613 shares of the company’s stock after acquiring an additional 1,615 shares during the period. QRG Capital Management Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $621,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Compass Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% in the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after acquiring an additional 123 shares in the last quarter. ROSS JOHNSON & Associates LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $28,000. Flaharty Asset Management LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $30,000. Columbia River Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $30,000. Finally, LRI Investments LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter worth $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 7.0%

BATS:USMV opened at $94.86 on Friday. The company has a fifty day simple moving average of $93.97 and a two-hundred day simple moving average of $92.87. The company has a market cap of $24.21 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12.

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.