Silver Oak Securities Incorporated Grows Stock Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Silver Oak Securities Incorporated boosted its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 57.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,510 shares of the company’s stock after buying an additional 11,535 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,869,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of USMV. Hengehold Capital Management LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth approximately $201,000. Indiana Trust & Investment Management CO grew its stake in iShares MSCI USA Min Vol Factor ETF by 377.1% in the first quarter. Indiana Trust & Investment Management CO now owns 811 shares of the company’s stock worth $68,000 after purchasing an additional 641 shares in the last quarter. Independence Bank of Kentucky increased its holdings in iShares MSCI USA Min Vol Factor ETF by 28.7% during the 1st quarter. Independence Bank of Kentucky now owns 5,127 shares of the company’s stock worth $429,000 after purchasing an additional 1,142 shares during the period. First Bank & Trust bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 1st quarter valued at $491,000. Finally, Foguth Wealth Management LLC. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 1st quarter worth $658,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4 %

USMV opened at $91.57 on Friday. The company has a market capitalization of $26.83 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $47.44 and a 12-month high of $55.45. The business’s fifty day simple moving average is $91.02 and its 200-day simple moving average is $86.20.

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.