Courier Capital LLC Purchases 17,578 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Courier Capital LLC increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 32.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,519 shares of the company’s stock after purchasing an additional 17,578 shares during the quarter. Courier Capital LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,713,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Key Financial Inc lifted its position in iShares MSCI USA Min Vol Factor ETF by 6.6% in the first quarter. Key Financial Inc now owns 1,794 shares of the company’s stock worth $168,000 after purchasing an additional 111 shares during the period. Asset Dedication LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Asset Dedication LLC now owns 8,489 shares of the company’s stock worth $795,000 after purchasing an additional 112 shares during the period. Sensible Money LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 1.3% in the first quarter. Sensible Money LLC now owns 8,839 shares of the company’s stock worth $828,000 after purchasing an additional 112 shares during the period. KPP Advisory Services LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 2.9% in the second quarter. KPP Advisory Services LLC now owns 4,167 shares of the company’s stock worth $391,000 after purchasing an additional 118 shares during the period. Finally, Compass Wealth Management LLC lifted its position in 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 purchasing an additional 123 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS USMV opened at $94.27 on Tuesday. The stock has a market cap of $24.06 billion, a PE ratio of 22.90 and a beta of 0.72. The business has a fifty day moving average of $94.02 and a two-hundred day moving average of $92.88. 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 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.