Perryman Financial Advisory Inc. AD Makes New $2.71 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Perryman Financial Advisory Inc. AD bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 27,862 shares of the company’s stock, valued at approximately $2,715,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of USMV. BostonPremier Wealth LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF by 2.3% in the third quarter. BostonPremier Wealth LLC now owns 6,987 shares of the company’s stock valued at $681,000 after acquiring an additional 158 shares during the last quarter. Sherman Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% in the third quarter. Sherman Wealth Management LLC now owns 30,141 shares of the company’s stock valued at $2,937,000 after acquiring an additional 1,523 shares during the period. Patriot Investment Management Group Inc. increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.6% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 28,892 shares of the company’s stock valued at $2,815,000 after purchasing an additional 173 shares in the last quarter. NFSG Corp raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 134.6% in the 3rd quarter. NFSG Corp now owns 366 shares of the company’s stock worth $36,000 after acquiring an additional 210 shares during the last quarter. Finally, White Pine Investment CO lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the third quarter. White Pine Investment CO now owns 130,257 shares of the company’s stock valued at $12,692,000 after purchasing an additional 475 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.3%

Shares of USMV traded down $0.32 on Friday, reaching $101.26. 1,838,469 shares of the company’s stock traded hands, compared to its average volume of 2,285,757. The stock has a market cap of $25.84 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $91.02 and a 52-week high of $102.21. The stock’s 50 day simple moving average is $100.07 and its two-hundred day simple moving average is $97.24.

iShares MSCI USA Min Vol Factor ETF Company 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.