Arcus Capital Partners LLC Purchases 1,579 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Arcus Capital Partners LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,691 shares of the company’s stock after acquiring an additional 1,579 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises approximately 0.7% of Arcus Capital Partners LLC’s investment portfolio, making the stock its 26th biggest holding. Arcus Capital Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,980,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after acquiring an additional 91,948 shares during the last quarter. LPL Financial LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock worth $489,205,000 after acquiring an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after buying an additional 21,739 shares during the period. Cerity Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 0.8% during the 3rd quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after buying an additional 17,264 shares during the period. Finally, Financial Advisors LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 1.5% during the 3rd quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock worth $101,282,000 after buying an additional 16,576 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $93.69 on Friday. The company has a market capitalization of $27.45 billion, a P/E ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average price is $90.71 and its two-hundred day moving average price is $90.78. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week 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.