114,308 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Heck Capital Advisors LLC

Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 114,308 shares of the company’s stock, valued at approximately $10,149,000. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.7% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 27th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USMV. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at approximately $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Sound Income Strategies LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after purchasing an additional 143 shares in the last quarter. Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter valued at about $38,000. Finally, Bfsg LLC increased its stake in shares of 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 purchasing an additional 228 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 3.8 %

USMV opened at $91.97 on Friday. The company has a market cap of $26.95 billion, a PE ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $47.44 and a twelve month high of $55.45. The company has a 50-day moving average price of $90.96 and a 200 day moving average price of $90.33.

About iShares MSCI USA Min Vol Factor ETF

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.