iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Purchased by Petix & Botte Co

Petix & Botte Co increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 65,423 shares of the company’s stock after acquiring an additional 473 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.5% of Petix & Botte Co’s holdings, making the stock its 20th largest holding. Petix & Botte Co’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,105,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $26,000. Horrell Capital Management Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $27,000. Global Trust Asset Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $27,000. M&R Capital Management Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $34,000. Finally, SYM FINANCIAL Corp grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 232.9% in the fourth quarter. SYM FINANCIAL Corp now owns 486 shares of the company’s stock valued at $38,000 after buying an additional 340 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.6 %

USMV traded up $0.50 during mid-day trading on Monday, hitting $81.62. 1,147,176 shares of the stock were exchanged. The firm’s fifty day moving average is $81.79 and its two-hundred day moving average is $78.82. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The company has a market cap of $23.91 billion, a PE ratio of 25.30 and a beta of 0.59.

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.