Cerity Partners LLC Has $115.13 Million Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Cerity Partners LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% during the fourth quarter, HoldingsChannel reports. The firm owned 1,222,695 shares of the company’s stock after acquiring an additional 49,558 shares during the quarter. Cerity Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $115,129,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Becker Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $569,000. Western Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 28.4% in the 4th quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock valued at $6,992,000 after purchasing an additional 16,434 shares in the last quarter. Chatterton & Associates Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $851,000. Concurrent Investment Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the 4th quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock valued at $8,819,000 after purchasing an additional 8,469 shares in the last quarter. Finally, Dara Capital US Inc. acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $542,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $95.58 on Wednesday. The stock’s fifty day moving average price is $94.69 and its two-hundred day moving average price is $94.79. The company has a market cap of $24.39 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $91.02 and a fifty-two week high of $98.07.

iShares MSCI USA Min Vol Factor ETF Company Profile

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.