Rehmann Capital Advisory Group Acquires 9,641 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Rehmann Capital Advisory Group boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 308,099 shares of the company’s stock after buying an additional 9,641 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.5% of Rehmann Capital Advisory Group’s investment portfolio, making the stock its 11th biggest holding. Rehmann Capital Advisory Group owned about 0.12% of iShares MSCI USA Min Vol Factor ETF worth $29,435,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Frankly Finances LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $25,000. Investors Research Corp purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $26,000. Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $29,000. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 2nd quarter worth $29,000. Finally, Ankerstar Wealth LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $31,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $94.24 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The business has a fifty day moving average price of $95.04 and a 200 day moving average price of $94.85. The stock has a market capitalization of $24.05 billion, a P/E ratio of 22.90 and a beta of 0.72.

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.