Beacon Advisors Holdings LLC Makes New $12.41 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Beacon Advisors Holdings LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 131,791 shares of the company’s stock, valued at approximately $12,409,000. iShares MSCI USA Min Vol Factor ETF comprises about 6.5% of Beacon Advisors Holdings LLC’s holdings, making the stock its 4th biggest position. Beacon Advisors Holdings LLC owned about 0.05% of iShares MSCI USA Min Vol Factor ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of USMV. Frankly Finances LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $25,000. Investors Research Corp purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $26,000. Elevated Capital Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at approximately $29,000. Chapman Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the second quarter valued at approximately $29,000. Finally, Ankerstar Wealth LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $31,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4%

BATS USMV opened at $94.24 on Friday. The firm’s fifty day simple moving average is $95.04 and its two-hundred day simple moving average is $94.85. The firm has a market capitalization of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $91.02 and a 12-month high of $98.07.

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.