Money Concepts Capital Corp Acquires New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Money Concepts Capital Corp purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 102,991 shares of the company’s stock, valued at approximately $10,035,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. NFSG Corp raised its holdings in iShares MSCI USA Min Vol Factor ETF by 134.6% during the 3rd quarter. NFSG Corp now owns 366 shares of the company’s stock valued at $36,000 after buying an additional 210 shares during the period. Heritage Family Offices LLP purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $37,000. Beacon Financial Strategies CORP purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 2nd quarter valued at about $42,000. Next Level Wealth Planning LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $71,000. Finally, MADDEN SECURITIES Corp bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $74,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $104.02 on Friday. The company has a market capitalization of $24.35 billion, a PE ratio of 23.08 and a beta of 0.63. The company has a 50 day moving average price of $100.75 and a 200-day moving average price of $97.38. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $104.75.

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.