Armstrong Advisory Group Inc. Purchases 155 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Armstrong Advisory Group Inc. increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.3% during the third quarter, HoldingsChannel reports. The fund owned 11,962 shares of the company’s stock after acquiring an additional 155 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,092,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Darrow Company Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.6% during the 3rd quarter. Darrow Company Inc. now owns 153,662 shares of the company’s stock valued at $14,031,000 after buying an additional 5,279 shares during the last quarter. Hart & Patterson Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $460,000. MorganRosel Wealth Management LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.9% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 100,316 shares of the company’s stock worth $9,160,000 after purchasing an additional 1,831 shares during the period. Cox Capital Mgt LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 2.3% during the third quarter. Cox Capital Mgt LLC now owns 6,220 shares of the company’s stock valued at $568,000 after buying an additional 139 shares during the period. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 13.5% in the third quarter. Valeo Financial Advisors LLC now owns 2,789 shares of the company’s stock worth $255,000 after buying an additional 332 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS USMV opened at $92.01 on Monday. The company’s 50 day simple moving average is $90.00 and its two-hundred day simple moving average is $85.65. The stock has a market capitalization of $26.96 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

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.