Clark Asset Management LLC Takes Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Clark Asset Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,187 shares of the company’s stock, valued at approximately $205,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Able Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 1st quarter. Able Wealth Management LLC now owns 70,311 shares of the company’s stock valued at $6,585,000 after purchasing an additional 1,018 shares in the last quarter. First Horizon Advisors Inc. raised its position in iShares MSCI USA Min Vol Factor ETF by 130.7% in the first quarter. First Horizon Advisors Inc. now owns 3,499 shares of the company’s stock worth $328,000 after acquiring an additional 1,982 shares in the last quarter. Latitude Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 3.1% in the 1st quarter. Latitude Advisors LLC now owns 5,114 shares of the company’s stock valued at $479,000 after acquiring an additional 154 shares during the last quarter. Revisor Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the first quarter valued at $461,000. Finally, Private Trust Co. NA raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 12.2% during the first quarter. Private Trust Co. NA now owns 20,261 shares of the company’s stock worth $1,898,000 after purchasing an additional 2,207 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.4%

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.39 on Thursday. The stock has a market cap of $23.83 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day simple moving average of $92.75 and a 200-day simple moving average of $91.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.56 and a 12 month high of $95.12.

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.