Cerity Partners LLC Has $115.13 Million Position in iShares MSCI USA Min Vol Factor ETF $USMV

Cerity Partners LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,222,695 shares of the company’s stock after buying an additional 49,558 shares during the quarter. Cerity Partners LLC owned about 0.48% of iShares MSCI USA Min Vol Factor ETF worth $115,129,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Becker Capital Management Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth approximately $569,000. Western Wealth Management LLC grew its position in iShares MSCI USA Min Vol Factor ETF by 28.4% during the fourth quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after buying an additional 16,434 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in 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 worth $8,819,000 after buying an additional 8,469 shares in the last quarter. Chatterton & Associates Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $851,000. Finally, Dara Capital US Inc. acquired a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth approximately $542,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $95.58 on Wednesday. The company has a market capitalization of $24.39 billion, a P/E ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07. The business’s 50 day simple moving average is $94.69 and its 200 day simple moving average is $94.79.

iShares MSCI USA Min Vol Factor ETF 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.