Private Client Services LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,906 shares of the company’s stock, valued at approximately $227,000.
A number of other large investors have also made changes to their positions in USMV. Moneta Group Investment Advisors LLC grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock worth $790,321,000 after buying an additional 10,953,635 shares in the last quarter. FMR LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% in the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares during the last quarter. Allstate Investment Management Co. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $308,588,000. Catalyst Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $259,275,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $246,963,000.
iShares MSCI USA Min Vol Factor ETF Stock Down 0.6 %
Shares of USMV stock opened at $79.98 on Tuesday. The stock has a market cap of $23.39 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm’s 50 day moving average price is $81.73 and its two-hundred day moving average price is $77.96.
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.
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