Aveo Capital Partners LLC Purchases 129 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Aveo Capital Partners LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,598 shares of the company’s stock after buying an additional 129 shares during the quarter. Aveo Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $319,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in USMV. Bfsg LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 116.9% during the third quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after buying an additional 228 shares during the last quarter. Stratos Investment Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $204,000. Capital Investment Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $203,000. New Century Financial Group LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 13.6% during the third quarter. New Century Financial Group LLC now owns 23,657 shares of the company’s stock valued at $2,160,000 after purchasing an additional 2,841 shares during the last quarter. Finally, DMC Group LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $222,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $92.99 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s 50 day simple moving average is $90.69 and its 200-day simple moving average is $90.88. The stock has a market capitalization of $27.25 billion, a P/E ratio of 25.30 and a beta of 0.59.

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.