17 Capital Partners LLC Purchases New Stake in iShares MSCI USA Min Vol Factor ETF $USMV

17 Capital Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, Holdings Channel reports. The firm purchased 5,807 shares of the company’s stock, valued at approximately $547,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Aptus Capital Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 4th quarter. Aptus Capital Advisors LLC now owns 77,958 shares of the company’s stock worth $7,341,000 after purchasing an additional 1,429 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the 4th quarter. Kestra Advisory Services LLC now owns 280,368 shares of the company’s stock worth $26,399,000 after buying an additional 14,229 shares during the period. Shepherd Kaplan Krochuk LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 15.0% in the 4th quarter. Shepherd Kaplan Krochuk LLC now owns 79,079 shares of the company’s stock worth $7,446,000 after buying an additional 10,308 shares during the period. Inspire Advisors LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 13.1% in the 4th quarter. Inspire Advisors LLC now owns 5,373 shares of the company’s stock worth $506,000 after buying an additional 622 shares during the period. Finally, UMB Bank n.a. grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.7% in the 4th quarter. UMB Bank n.a. now owns 41,320 shares of the company’s stock worth $3,891,000 after buying an additional 1,457 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $96.05 on Friday. The firm’s 50-day moving average price is $94.89 and its 200-day moving average price is $94.83. The company has a market capitalization of $24.51 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07.

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.