Integrity Alliance LLC. Buys 8,300 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Integrity Alliance LLC. increased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 71.7% during the 4th quarter, Holdings Channel reports. The firm owned 19,879 shares of the company’s stock after purchasing an additional 8,300 shares during the quarter. Integrity Alliance LLC.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,872,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Frankly Finances LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $25,000. Investors Research Corp bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $26,000. Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $29,000. Chapman Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $29,000. Finally, Abound Wealth Management increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% in the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock worth $31,000 after purchasing an additional 271 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.5%

USMV stock opened at $96.04 on Thursday. The company’s 50 day moving average is $94.07 and its 200 day moving average is $94.64. The stock has a market cap of $24.51 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07.

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.