Dynasty Wealth Management LLC Grows Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Dynasty Wealth Management LLC boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 8.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,203,928 shares of the company’s stock after buying an additional 93,543 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.8% of Dynasty Wealth Management LLC’s holdings, making the stock its 17th biggest position. Dynasty Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $106,897,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of USMV. Stonebridge Financial Group LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $28,000. AlphaMark Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $30,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth about $30,000. Sound Income Strategies LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 65.0% during 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 during the last quarter. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at approximately $38,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $93.38 on Friday. The company has a market cap of $23.73 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The stock’s 50 day simple moving average is $91.07 and its two-hundred day simple moving average is $91.29.

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.