Traphagen Investment Advisors LLC Increases Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Traphagen Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,435 shares of the company’s stock after purchasing an additional 339 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $660,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. Fortitude Family Office LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $38,000. Bfsg LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock valued at $39,000 after buying an additional 228 shares during the last quarter. Arrow Financial Corp bought a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $45,000. Eastern Bank purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $92,000. Finally, American Capital Advisory LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1,460.0% during the 3rd quarter. American Capital Advisory LLC now owns 1,014 shares of the company’s stock valued at $93,000 after acquiring an additional 949 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $90.68 on Wednesday. The stock has a market capitalization of $26.57 billion, a PE ratio of 25.30 and a beta of 0.59. The company’s fifty day moving average is $91.09 and its 200 day moving average is $90.03. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45.

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.