Moody Lynn & Lieberson LLC Takes $218,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Moody Lynn & Lieberson LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, Holdings Channel.com reports. The firm purchased 2,457 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 9,905,008 shares of the company’s stock worth $904,426,000 after buying an additional 91,948 shares in the last quarter. LPL Financial LLC boosted its stake in iShares MSCI USA Min Vol Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 5,357,623 shares of the company’s stock valued at $489,205,000 after purchasing an additional 346,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,225,739 shares of the company’s stock worth $294,542,000 after purchasing an additional 21,739 shares in the last quarter. Cerity Partners LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the third quarter. Cerity Partners LLC now owns 2,134,175 shares of the company’s stock worth $194,871,000 after purchasing an additional 17,264 shares during the last quarter. Finally, Financial Advisors LLC lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 1.5% during the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock valued at $101,282,000 after purchasing an additional 16,576 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS USMV opened at $90.97 on Monday. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The stock has a 50-day moving average of $90.96 and a 200 day moving average of $90.21. The company has a market capitalization of $26.65 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59.

iShares MSCI USA Min Vol Factor ETF 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.