iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Stake Lifted by Flagship Private Wealth LLC

Flagship Private Wealth LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 133,080 shares of the company’s stock after purchasing an additional 4,941 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises 5.7% of Flagship Private Wealth LLC’s portfolio, making the stock its 4th largest position. Flagship Private Wealth LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,816,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth $30,000. Sound Income Strategies LLC grew its position 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 acquiring an additional 143 shares during the period. Fortitude Family Office LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $38,000. Bfsg LLC raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 116.9% in the 3rd quarter. Bfsg LLC now owns 423 shares of the company’s stock worth $39,000 after purchasing an additional 228 shares during the period. Finally, Arrow Financial Corp acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $45,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $90.97 on Friday. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The firm has a 50 day moving average price of $90.96 and a 200 day moving average price of $90.17. The company has a market cap of $26.65 billion, a PE ratio of 25.30 and a beta of 0.59.

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.