Pinnacle Wealth Planning Services Inc. Invests $665,000 in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Pinnacle Wealth Planning Services Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,494 shares of the company’s stock, valued at approximately $665,000.

A number of other large investors also recently modified their holdings of USMV. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $1,176,338,000. Symphony Financial Services Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 8.2% during the fourth quarter. Symphony Financial Services Inc. now owns 20,225 shares of the company’s stock worth $1,796,000 after purchasing an additional 1,535 shares during the last quarter. Atria Investments Inc grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 2.1% during the fourth quarter. Atria Investments Inc now owns 59,151 shares of the company’s stock worth $5,252,000 after purchasing an additional 1,221 shares during the last quarter. Assetmark Inc. grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% during the fourth quarter. Assetmark Inc. now owns 1,606,337 shares of the company’s stock worth $142,627,000 after purchasing an additional 10,270 shares during the last quarter. Finally, Smithfield Trust Co grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 70.2% during the fourth quarter. Smithfield Trust Co now owns 3,529 shares of the company’s stock worth $307,000 after purchasing an additional 1,456 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 5.8 %

iShares MSCI USA Min Vol Factor ETF stock opened at $93.76 on Thursday. The business’s 50-day simple moving average is $91.44 and its 200 day simple moving average is $91.48. The stock has a market cap of $23.82 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 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.