3,678 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,678 shares of the company’s stock, valued at approximately $327,000.

A number of other institutional investors also recently bought and sold shares of the stock. LVM Capital Management Ltd. MI bought a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $202,000. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 0.7% in the fourth 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 during the period. International Assets Investment Management LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $1,466,000. Ridgeline Wealth LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth $549,000. Finally, Canandaigua National Bank & Trust Co. increased its stake in iShares MSCI USA Min Vol Factor ETF by 4.2% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 4,426 shares of the company’s stock worth $393,000 after purchasing an additional 177 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock traded down $1.32 during midday trading on Monday, reaching $87.68. The company’s stock had a trading volume of 1,504,203 shares. The stock has a fifty day simple moving average of $91.46 and a two-hundred day simple moving average of $89.81. 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 market capitalization of $25.69 billion, a price-to-earnings 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.