Compass Financial Group Inc. Ohio Makes New Investment in iShares MSCI USA Min Vol Factor ETF $USMV

Compass Financial Group Inc. Ohio acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 67,323 shares of the company’s stock, valued at approximately $6,339,000. iShares MSCI USA Min Vol Factor ETF makes up about 4.6% of Compass Financial Group Inc. Ohio’s portfolio, making the stock its 6th largest position.

Other hedge funds have also made changes to their positions in the company. Junto Capital Management LP acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $85,107,000. BNP Paribas Financial Markets boosted its stake in iShares MSCI USA Min Vol Factor ETF by 10,472.3% during the 4th quarter. BNP Paribas Financial Markets now owns 800,747 shares of the company’s stock valued at $75,398,000 after purchasing an additional 793,173 shares in the last quarter. Two Sigma Investments LP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 26.1% during the 3rd quarter. Two Sigma Investments LP now owns 2,733,400 shares of the company’s stock valued at $260,056,000 after purchasing an additional 565,200 shares during the period. Morgan Stanley increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 15,236,841 shares of the company’s stock valued at $1,434,701,000 after purchasing an additional 465,870 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 18.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,892,840 shares of the company’s stock worth $271,634,000 after buying an additional 452,184 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.24 on Friday. The firm has a market cap of $24.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The business has a fifty day simple moving average of $95.04 and a 200-day simple moving average of $94.85. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07.

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.