Lee Danner & Bass Inc. Acquires New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Lee Danner & Bass Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 737 shares of the company’s stock, valued at approximately $65,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Anchor Investment Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 6.0% in the third quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock valued at $181,000 after acquiring an additional 112 shares during the period. Smart Portfolios LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 2.2% in the fourth quarter. Smart Portfolios LLC now owns 5,235 shares of the company’s stock valued at $465,000 after acquiring an additional 112 shares during the period. Flputnam Investment Management Co. grew its stake in iShares MSCI USA Min Vol Factor ETF by 4.3% in the fourth quarter. Flputnam Investment Management Co. now owns 2,965 shares of the company’s stock valued at $263,000 after acquiring an additional 123 shares during the period. Mcdonald Partners LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 0.9% in the fourth quarter. Mcdonald Partners LLC now owns 14,625 shares of the company’s stock valued at $1,299,000 after acquiring an additional 125 shares during the period. Finally, Aveo Capital Partners LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 3.7% in the fourth quarter. Aveo Capital Partners LLC now owns 3,598 shares of the company’s stock valued at $319,000 after acquiring an additional 129 shares during the period.

iShares MSCI USA Min Vol Factor ETF Trading Up 4.1 %

BATS:USMV opened at $92.29 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $79.69 and a 1 year high of $95.12. The stock has a market cap of $24.09 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The stock has a 50-day moving average price of $92.25 and a two-hundred day moving average price of $91.66.

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.