Bessemer Group Inc. Increases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Bessemer Group Inc. lifted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 51.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,843 shares of the company’s stock after acquiring an additional 4,673 shares during the period. Bessemer Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,229,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in USMV. VSM Wealth Advisory LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $27,000. Howe & Rusling Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% in the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after buying an additional 146 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $28,000. AlphaMark Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $30,000. Finally, Valued Wealth Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 2.4 %

Shares of USMV stock opened at $90.77 on Tuesday. The company’s fifty day simple moving average is $92.18 and its two-hundred day simple moving average is $91.63. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $79.69 and a 52 week high of $95.12. The stock has a market cap of $23.25 billion, a P/E ratio of 24.22 and a beta of 0.74.

iShares MSCI USA Min Vol Factor ETF 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.