Brueske Advisory Services LLC Invests $1.45 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Brueske Advisory Services 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 Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,281 shares of the company’s stock, valued at approximately $1,446,000. iShares MSCI USA Min Vol Factor ETF makes up about 1.3% of Brueske Advisory Services LLC’s holdings, making the stock its 15th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in USMV. Nwam LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% during the fourth quarter. Nwam LLC now owns 30,703 shares of the company’s stock valued at $2,726,000 after acquiring an additional 180 shares during the last quarter. GenTrust LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% in the fourth quarter. GenTrust LLC now owns 3,974 shares of the company’s stock worth $353,000 after acquiring an additional 200 shares during the last quarter. NewEdge Wealth LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 21.2% in the fourth quarter. NewEdge Wealth LLC now owns 16,745 shares of the company’s stock worth $1,487,000 after acquiring an additional 2,927 shares during the last quarter. EdgeRock Capital LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 7.8% during the 4th quarter. EdgeRock Capital LLC now owns 72,398 shares of the company’s stock worth $6,428,000 after buying an additional 5,240 shares during the last quarter. Finally, Prasad Wealth Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $832,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.31 on Thursday. The firm’s fifty day simple moving average is $90.97 and its 200-day simple moving average is $91.27. The stock has a market capitalization of $23.71 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45.

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.