Allianz SE Buys New Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Allianz SE purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 57,472 shares of the company’s stock, valued at approximately $5,099,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $27,000. Howe & Rusling Inc. lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after purchasing an additional 146 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $28,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $30,000. Finally, Valued Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $92.75 on Friday. The firm has a market capitalization of $24.21 billion, a PE ratio of 24.03 and a beta of 0.77. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The stock’s 50 day moving average price is $92.67 and its 200 day moving average price is $91.76.

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.