Solstein Capital LLC Makes New $1.29 Million Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Solstein Capital LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 13,390 shares of the company’s stock, valued at approximately $1,292,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter worth $29,000. Ankerstar Wealth LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $31,000. Garton & Associates Financial Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $33,000. Commonwealth Retirement Investments LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $34,000. Finally, Entrust Financial LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $35,000.

iShares MSCI USA Min Vol Factor ETF Stock Down 0.2%

Shares of USMV stock opened at $101.52 on Tuesday. The company’s fifty day simple moving average is $98.58 and its two-hundred day simple moving average is $96.24. 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 has a market cap of $25.91 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.