2,769 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Modera Wealth Management LLC

Modera Wealth Management LLC bought a new position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,769 shares of the company’s stock, valued at approximately $246,000.

A number of other large investors have also recently added to or reduced their stakes in USMV. QRG Capital Management Inc. raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 15.6% in the third quarter. QRG Capital Management Inc. now owns 5,494 shares of the company’s stock valued at $502,000 after purchasing an additional 742 shares during the last quarter. United Advisor Group LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $645,000. JFG Wealth Management LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $791,000. Flagship Private Wealth LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 12.1% during the 3rd quarter. Flagship Private Wealth LLC now owns 128,139 shares of the company’s stock worth $11,700,000 after buying an additional 13,803 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2,578.5% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 173,645 shares of the company’s stock worth $15,856,000 after buying an additional 167,162 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.76 on Thursday. The company has a market cap of $23.82 billion, a P/E ratio of 24.43 and a beta of 0.79. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The stock’s 50-day simple moving average is $91.44 and its 200 day simple moving average is $91.48.

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.