Kathleen S. Wright Associates Inc. Purchases 1,804 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Kathleen S. Wright Associates Inc. increased its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,289 shares of the company’s stock after acquiring an additional 1,804 shares during the quarter. iShares MSCI USA Min Vol Factor ETF comprises about 2.2% of Kathleen S. Wright Associates Inc.’s investment portfolio, making the stock its 11th biggest position. Kathleen S. Wright Associates Inc.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,531,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USMV. SpiderRock Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $629,000. EdgeRock Capital LLC increased its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% during the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after purchasing an additional 3,371 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 7.4% in the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after purchasing an additional 43,846 shares in the last quarter. Bell Investment Advisors Inc lifted its position in iShares MSCI USA Min Vol Factor ETF by 42.2% in the third quarter. Bell Investment Advisors Inc now owns 38,509 shares of the company’s stock worth $3,516,000 after purchasing an additional 11,432 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in iShares MSCI USA Min Vol Factor ETF by 149.9% during the third quarter. Quantinno Capital Management LP now owns 6,366 shares of the company’s stock worth $581,000 after buying an additional 3,819 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $92.41 on Tuesday. The firm has a fifty day moving average of $90.93 and a 200-day moving average of $90.42. The stock has a market cap of $27.08 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45.

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.