iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Acquired by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.3% in the fourth quarter, HoldingsChannel reports. The firm owned 50,592 shares of the company’s stock after purchasing an additional 2,092 shares during the quarter. iShares MSCI USA Min Vol Factor ETF makes up approximately 1.2% of WealthBridge Capital Management LLC’s holdings, making the stock its 19th largest holding. WealthBridge Capital Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $4,492,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital Investment Advisors LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $203,000. Whittier Trust Co. raised its stake in iShares MSCI USA Min Vol Factor ETF by 73.6% during the 3rd quarter. Whittier Trust Co. now owns 25,011 shares of the company’s stock valued at $2,284,000 after acquiring an additional 10,600 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 66,647 shares of the company’s stock valued at $6,086,000 after acquiring an additional 3,369 shares in the last quarter. Eastern Bank bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $92,000. Finally, Greenleaf Trust raised its stake in iShares MSCI USA Min Vol Factor ETF by 2.7% during the 3rd quarter. Greenleaf Trust now owns 10,457 shares of the company’s stock valued at $955,000 after acquiring an additional 275 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $93.71 on Thursday. The business’s fifty day moving average price is $90.74 and its two-hundred day moving average price is $91.01. The company has a market capitalization of $27.46 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

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.