Western Wealth Management LLC Buys 4,273 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Western Wealth Management LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 9.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,419 shares of the company’s stock after acquiring an additional 4,273 shares during the quarter. Western Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,700,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Ergawealth Advisors Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 2.5% during the 4th quarter. Ergawealth Advisors Inc. now owns 28,281 shares of the company’s stock worth $2,207,000 after acquiring an additional 696 shares in the last quarter. White Pine Investment CO boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% during the 4th quarter. White Pine Investment CO now owns 152,434 shares of the company’s stock worth $11,894,000 after acquiring an additional 668 shares in the last quarter. Investment Advisory Group LLC boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the 4th quarter. Investment Advisory Group LLC now owns 70,236 shares of the company’s stock worth $5,481,000 after acquiring an additional 1,263 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $4,176,000. Finally, Ancora Advisors LLC lifted its position in shares of iShares MSCI USA Min Vol Factor ETF by 1.8% during the 3rd quarter. Ancora Advisors LLC now owns 138,773 shares of the company’s stock worth $10,044,000 after purchasing an additional 2,482 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS USMV traded up $0.10 during trading hours on Thursday, hitting $80.02. 2,565,928 shares of the company’s stock were exchanged. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $47.44 and a 1-year high of $55.45. The stock has a market capitalization of $23.40 billion, a price-to-earnings ratio of 25.31 and a beta of 0.59. The company’s 50-day moving average price is $81.72 and its 200-day moving average price is $78.02.

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.