Flatrock Wealth Partners LLC Buys Shares of 26,616 iShares MSCI USA Min Vol Factor ETF $USMV

Flatrock Wealth Partners LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 26,616 shares of the company’s stock, valued at approximately $2,468,000. iShares MSCI USA Min Vol Factor ETF makes up about 1.1% of Flatrock Wealth Partners LLC’s investment portfolio, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in USMV. Hibernia Wealth Partners LLC grew its holdings in iShares MSCI USA Min Vol Factor ETF by 66.1% during the 4th quarter. Hibernia Wealth Partners LLC now owns 63,378 shares of the company’s stock worth $5,968,000 after acquiring an additional 25,216 shares during the last quarter. Western Wealth Management LLC increased its position in iShares MSCI USA Min Vol Factor ETF by 28.4% in the 4th quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock valued at $6,992,000 after acquiring an additional 16,434 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% during the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock valued at $8,819,000 after acquiring an additional 8,469 shares during the last quarter. Chatterton & Associates Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $851,000. Finally, Dara Capital US Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $542,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of BATS:USMV opened at $98.35 on Wednesday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $91.02 and a 52 week high of $98.73. The firm has a market cap of $25.10 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s fifty day moving average is $95.60 and its 200-day moving average is $95.03.

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.