Apollon Financial LLC Acquires 194 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Apollon Financial LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,021 shares of the company’s stock after acquiring an additional 194 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up about 1.7% of Apollon Financial LLC’s holdings, making the stock its 19th largest holding. Apollon Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in USMV. Headlands Technologies LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $30,000. Gleason Group Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $32,000. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth about $33,000. Fortitude Family Office LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at about $38,000. Finally, Bfsg LLC grew its holdings 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 Trading Down 0.1 %

USMV stock opened at $93.36 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a market cap of $27.35 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The company’s 50 day moving average is $91.26 and its 200 day moving average is $87.07.

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.