Caprock Group LLC Takes Position in iShares MSCI USA Min Vol Factor ETF $USMV

Caprock Group LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,562 shares of the company’s stock, valued at approximately $1,561,000.

Several other large investors have also added to or reduced their stakes in USMV. Avion Wealth increased its holdings in iShares MSCI USA Min Vol Factor ETF by 88.8% during the 2nd quarter. Avion Wealth now owns 304 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Chapman Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $35,000. Finally, Phillips Financial Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at $46,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $96.19 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $83.99 and a 1 year high of $96.55. The company has a market capitalization of $24.55 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. The firm’s fifty day moving average price is $94.71 and its two-hundred day moving average price is $94.22.

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.