Evolution Wealth Advisors LLC Purchases Shares of 2,624 iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Evolution Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,624 shares of the company’s stock, valued at approximately $205,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Yarger Wealth Strategies LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the fourth quarter. Yarger Wealth Strategies LLC now owns 13,832 shares of the company’s stock worth $1,079,000 after acquiring an additional 139 shares in the last quarter. Hoese & Co LLP increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 0.3% during the fourth quarter. Hoese & Co LLP now owns 54,001 shares of the company’s stock worth $4,123,000 after acquiring an additional 140 shares in the last quarter. Archer Investment Corp increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 3.4% during the third quarter. Archer Investment Corp now owns 4,462 shares of the company’s stock worth $323,000 after acquiring an additional 146 shares in the last quarter. Adamsbrown Wealth Consultants LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.9% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 3,220 shares of the company’s stock worth $251,000 after acquiring an additional 149 shares in the last quarter. Finally, Sandy Spring Bank increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 25.7% during the fourth quarter. Sandy Spring Bank now owns 734 shares of the company’s stock worth $57,000 after acquiring an additional 150 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Up 0.6 %

USMV stock traded up $0.49 during trading on Friday, reaching $80.49. The stock had a trading volume of 2,948,059 shares. The company has a market capitalization of $23.54 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s 50 day moving average is $81.71 and its two-hundred day moving average is $78.04.

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.