International Assets Investment Management LLC Invests $1.47 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

International Assets Investment Management LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 16,530 shares of the company’s stock, valued at approximately $1,466,000.

A number of other large investors have also added to or reduced their stakes in USMV. Ridgeline Wealth LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $549,000. Canandaigua National Bank & Trust Co. boosted its holdings 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 valued at $393,000 after acquiring an additional 177 shares during the last quarter. Insight Wealth Strategies LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 1.2% during the 4th quarter. Insight Wealth Strategies LLC now owns 343,489 shares of the company’s stock valued at $30,498,000 after purchasing an additional 4,163 shares during the period. Asset Advisors Investment Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 5.9% during the 3rd quarter. Asset Advisors Investment Management LLC now owns 146,127 shares of the company’s stock worth $13,343,000 after purchasing an additional 8,188 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $328,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $89.00 on Thursday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45. The firm’s fifty day moving average is $91.54 and its 200-day moving average is $89.72. The firm has a market cap of $26.08 billion, a P/E 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.