Fiduciary Alliance LLC Takes $235,000 Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Fiduciary Alliance LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,643 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors have also bought and sold shares of the business. Brighton Jones LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.1% in the third quarter. Brighton Jones LLC now owns 9,999 shares of the company’s stock valued at $913,000 after buying an additional 111 shares in the last quarter. Anchor Investment Management LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 6.0% during the 3rd quarter. Anchor Investment Management LLC now owns 1,983 shares of the company’s stock worth $181,000 after acquiring an additional 112 shares during the last quarter. Asset Dedication LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.5% in the 3rd quarter. Asset Dedication LLC now owns 8,377 shares of the company’s stock valued at $765,000 after acquiring an additional 121 shares in the last quarter. Sensible Money LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.4% in the third quarter. Sensible Money LLC now owns 8,727 shares of the company’s stock worth $797,000 after acquiring an additional 121 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.8% during the third quarter. Foster Victor Wealth Advisors LLC now owns 2,663 shares of the company’s stock worth $244,000 after purchasing an additional 123 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 $88.64 on Wednesday. The firm has a 50 day simple moving average of $91.36 and a 200 day simple moving average of $89.87. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The firm has a market cap of $25.97 billion, a P/E ratio of 25.30 and a beta of 0.59.

About iShares MSCI USA Min Vol Factor ETF

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.