COFG Advisors LLC Makes New $519,000 Investment in iShares MSCI USA Min Vol Factor ETF $USMV

COFG Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,507 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds also recently bought and sold shares of USMV. Rothschild Wealth LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.2% in the 4th quarter. Rothschild Wealth LLC now owns 3,638 shares of the company’s stock valued at $343,000 after buying an additional 180 shares during the last quarter. Founders Financial Securities LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 4.8% in the 4th quarter. Founders Financial Securities LLC now owns 181,768 shares of the company’s stock valued at $17,115,000 after buying an additional 8,365 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $47,000. BNP Paribas Financial Markets increased its stake in iShares MSCI USA Min Vol Factor ETF by 10,472.3% in the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after buying an additional 793,173 shares during the last quarter. Finally, Blueline Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $187,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.4%

Shares of USMV stock opened at $96.95 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The firm’s fifty day moving average price is $94.23 and its two-hundred day moving average price is $94.70. The firm has a market capitalization of $24.74 billion, a P/E ratio of 22.90 and a beta of 0.72.

iShares MSCI USA Min Vol Factor ETF 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.