Rockefeller Capital Management L.P. Raises Stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Rockefeller Capital Management L.P. boosted its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 190,721 shares of the company’s stock after acquiring an additional 3,319 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $16,905,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. VSM Wealth Advisory LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $27,000. Howe & Rusling Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% in the fourth quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock worth $27,000 after acquiring an additional 146 shares during the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at $28,000. AlphaMark Advisors LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000. Finally, Valued Wealth Advisors LLC bought a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $90.77 on Tuesday. The company has a market capitalization of $23.25 billion, a price-to-earnings ratio of 24.22 and a beta of 0.74. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The company’s 50-day moving average is $92.18 and its 200 day moving average is $91.63.

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.