Alternative Investment Advisors LLC. Buys Shares of 45,677 iShares MSCI USA Min Vol Factor ETF $USMV

Alternative Investment Advisors LLC. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 45,677 shares of the company’s stock, valued at approximately $4,301,000. iShares MSCI USA Min Vol Factor ETF makes up about 1.9% of Alternative Investment Advisors LLC.’s holdings, making the stock its 7th biggest position.

Other institutional investors also recently made changes to their positions in the company. SG Trading Solutions LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at approximately $10,177,000. Macco Financial Group Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $2,324,000. MV Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $19,900,000. Briggs Wealth Management Inc acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $495,000. Finally, Torrey Payne Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $8,188,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.4%

BATS:USMV opened at $94.24 on Friday. The company has a 50-day moving average of $95.04 and a 200-day moving average of $94.85. The firm has a market cap of $24.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $98.07.

iShares MSCI USA Min Vol Factor ETF Company 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.