PKS Advisory Services LLC Acquires New Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

PKS Advisory Services LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 11,275 shares of the company’s stock, valued at approximately $1,001,000.

Other institutional investors also recently made changes to their positions in the company. VSM Wealth Advisory LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $27,000. Stonebridge Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $28,000. AlphaMark Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $30,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $30,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after buying an additional 143 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

Shares of BATS USMV opened at $93.08 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The business has a 50-day moving average price of $92.36 and a two-hundred day moving average price of $91.68. The firm has a market capitalization of $24.29 billion, a PE ratio of 24.03 and a beta of 0.77.

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.