5,246 Shares in iShares MSCI USA Min Vol Factor ETF $USMV Acquired by Pathfinder Wealth Consulting Inc.

Pathfinder Wealth Consulting Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,246 shares of the company’s stock, valued at approximately $494,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Frankly Finances LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $25,000. Investors Research Corp bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $26,000. Elevated Capital Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $29,000. Chapman Financial Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $29,000. Finally, Abound Wealth Management raised its position in iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after acquiring an additional 271 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.9%

USMV opened at $96.88 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The company has a market capitalization of $24.72 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50 day simple moving average is $94.00 and its two-hundred day simple moving average is $94.54.

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.