Karras Company Inc. Acquires New Position in iShares MSCI USA Min Vol Factor ETF $USMV

Karras Company Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,454 shares of the company’s stock, valued at approximately $1,361,000. iShares MSCI USA Min Vol Factor ETF accounts for 1.3% of Karras Company Inc.’s investment portfolio, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Millstone Evans Group LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.3% in the fourth quarter. Millstone Evans Group LLC now owns 1,782 shares of the company’s stock valued at $168,000 after purchasing an additional 106 shares during the period. Partners Capital Investment Group LLP lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the third quarter. Partners Capital Investment Group LLP now owns 29,220 shares of the company’s stock valued at $2,780,000 after purchasing an additional 112 shares during the period. Modera Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.1% in the third quarter. Modera Wealth Management LLC now owns 2,836 shares of the company’s stock valued at $270,000 after purchasing an additional 113 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 4,781 shares of the company’s stock valued at $455,000 after purchasing an additional 113 shares during the period. Finally, Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 36,125 shares of the company’s stock valued at $3,402,000 after purchasing an additional 118 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.9%

Shares of BATS USMV opened at $96.88 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.07. The firm has a 50-day moving average price of $94.00 and a 200 day moving average price of $94.54. The stock has a market capitalization of $24.72 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.