Forthright Family Wealth Advisory LLC Invests $1.63 Million in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Forthright Family Wealth Advisory LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 20,844 shares of the company’s stock, valued at approximately $1,626,000. iShares MSCI USA Min Vol Factor ETF accounts for approximately 1.3% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other large investors have also recently made changes to their positions in the company. Centaurus Financial Inc. boosted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 6.8% during the 4th quarter. Centaurus Financial Inc. now owns 19,900 shares of the company’s stock worth $1,553,000 after purchasing an additional 1,271 shares during the period. Beacon Financial Group boosted its position in iShares MSCI USA Min Vol Factor ETF by 163.5% in the 4th quarter. Beacon Financial Group now owns 25,325 shares of the company’s stock valued at $1,976,000 after buying an additional 15,715 shares during the period. Scarborough Advisors LLC boosted its position in iShares MSCI USA Min Vol Factor ETF by 772.1% in the 4th quarter. Scarborough Advisors LLC now owns 333,286 shares of the company’s stock valued at $26,006,000 after buying an additional 295,070 shares during the period. Garde Capital Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $652,000. Finally, GLOBALT Investments LLC GA purchased a new stake in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $443,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock traded up $0.06 during trading hours on Friday, hitting $82.87. The company had a trading volume of 1,156,090 shares. The firm has a market cap of $24.28 billion, a P/E ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45. The company has a 50-day moving average price of $82.10 and a two-hundred day moving average price of $80.67.

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.