Western Wealth Management LLC Acquires 4,273 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Western Wealth Management LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 47,419 shares of the company’s stock after purchasing an additional 4,273 shares during the period. Western Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,700,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Moneta Group Investment Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 140,054.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,961,456 shares of the company’s stock worth $790,321,000 after acquiring an additional 10,953,635 shares during the period. FMR LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 51.5% during the third quarter. FMR LLC now owns 26,644,002 shares of the company’s stock worth $1,928,493,000 after acquiring an additional 9,059,409 shares during the period. Allstate Investment Management Co. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $308,588,000. Catalyst Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $259,275,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $246,963,000.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.1 %

Shares of BATS:USMV traded up $0.10 during trading on Thursday, reaching $80.02. 2,565,928 shares of the stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $47.44 and a 12 month high of $55.45. The firm has a market cap of $23.40 billion, a PE ratio of 25.31 and a beta of 0.59. The stock has a 50-day moving average price of $81.72 and a 200-day moving average price of $78.02.

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.