iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Shares Bought by Dakota Wealth Management

Dakota Wealth Management increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,341 shares of the company’s stock after buying an additional 830 shares during the quarter. Dakota Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $6,246,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. SpiderRock Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at $629,000. EdgeRock Capital LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 5.3% during the third quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock valued at $6,132,000 after acquiring an additional 3,371 shares during the period. Integrated Wealth Concepts LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 7.4% during the third quarter. Integrated Wealth Concepts LLC now owns 634,509 shares of the company’s stock valued at $57,937,000 after acquiring an additional 43,846 shares during the period. Gateway Wealth Partners LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% in the 2nd quarter. Gateway Wealth Partners LLC now owns 50,033 shares of the company’s stock valued at $4,201,000 after purchasing an additional 2,304 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 232,184 shares of the company’s stock valued at $19,494,000 after purchasing an additional 1,785 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of USMV opened at $90.68 on Wednesday. The company has a market capitalization of $26.57 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The business’s 50 day simple moving average is $91.09 and its 200-day simple moving average is $90.03.

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.