PKS Advisory Services LLC Makes New Investment in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

PKS Advisory Services LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,275 shares of the company’s stock, valued at approximately $1,001,000.

Other large investors also recently modified their holdings of the company. VSM Wealth Advisory LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth approximately $27,000. Stonebridge Financial Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $28,000. AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000. Finally, Sound Income Strategies LLC lifted its position in iShares MSCI USA Min Vol Factor ETF by 65.0% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $32,000 after buying an additional 143 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 5.0 %

USMV stock opened at $93.08 on Tuesday. iShares MSCI USA Min Vol Factor ETF has a 12-month low of $79.69 and a 12-month high of $95.12. The stock has a 50-day moving average price of $92.36 and a two-hundred day moving average price of $91.68. The company has a market cap of $24.29 billion, a PE ratio of 24.03 and a beta of 0.77.

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.