Mosley Wealth Management Acquires 728 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Mosley Wealth Management increased its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 12,644 shares of the company’s stock after purchasing an additional 728 shares during the quarter. Mosley Wealth Management’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,157,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. First Horizon Advisors Inc. lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 63.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,685 shares of the company’s stock valued at $245,000 after buying an additional 1,040 shares in the last quarter. Icon Wealth Advisors LLC lifted its holdings in iShares MSCI USA Min Vol Factor ETF by 14.3% during the third quarter. Icon Wealth Advisors LLC now owns 11,976 shares of the company’s stock valued at $1,094,000 after purchasing an additional 1,501 shares in the last quarter. Nwam LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the third quarter worth approximately $2,787,000. Meridian Wealth Management LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 4.3% in the third quarter. Meridian Wealth Management LLC now owns 6,308 shares of the company’s stock worth $576,000 after purchasing an additional 258 shares in the last quarter. Finally, Optivise Advisory Services LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter valued at $499,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV opened at $92.29 on Friday. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $79.69 and a fifty-two week high of $95.12. The stock has a market cap of $24.09 billion, a price-to-earnings ratio of 24.03 and a beta of 0.77. The firm’s fifty day moving average is $92.25 and its 200 day moving average is $91.66.

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.