Ball & Co Wealth Management Inc. Invests $32.33 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Ball & Co Wealth Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 364,161 shares of the company’s stock, valued at approximately $32,334,000. iShares MSCI USA Min Vol Factor ETF makes up about 25.7% of Ball & Co Wealth Management Inc.’s portfolio, making the stock its 2nd largest holding. Ball & Co Wealth Management Inc. owned approximately 0.12% of iShares MSCI USA Min Vol Factor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. VSM Wealth Advisory LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $27,000. Howe & Rusling Inc. grew 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 purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $28,000. Chapman Financial Group LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $28,000. Finally, AlphaMark Advisors LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV opened at $92.50 on Friday. The business has a 50-day moving average of $91.48 and a two-hundred day moving average of $91.73. The company has a market capitalization of $23.98 billion, a price-to-earnings ratio of 24.27 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $81.34 and a 1 year high of $95.12.

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.