iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by Wealthspire Advisors LLC

Wealthspire Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,087 shares of the company’s stock after purchasing an additional 1,041 shares during the period. Wealthspire Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. Stonebridge Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $28,000. AlphaMark Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $30,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $30,000. Sound Income Strategies LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 65.0% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $32,000 after buying an additional 143 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $38,000.

iShares MSCI USA Min Vol Factor ETF Stock Up 6.1 %

USMV opened at $94.09 on Wednesday. The business has a fifty day simple moving average of $90.85 and a 200-day simple moving average of $91.21. The firm has a market cap of $23.91 billion, a PE ratio of 24.43 and a beta of 0.79. 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.

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.