7,876 Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) Bought by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the first quarter, HoldingsChannel reports. The firm acquired 7,876 shares of the company’s stock, valued at approximately $658,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in USMV. Raymond James & Associates grew its position in iShares MSCI USA Min Vol Factor ETF by 0.8% in the fourth quarter. Raymond James & Associates now owns 16,080,799 shares of the company’s stock valued at $1,254,785,000 after purchasing an additional 122,005 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 16.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,172,429 shares of the company’s stock valued at $519,140,000 after acquiring an additional 1,000,764 shares during the period. Alaska Permanent Fund Corp grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 4.4% in the 1st quarter. Alaska Permanent Fund Corp now owns 3,947,820 shares of the company’s stock valued at $329,959,000 after acquiring an additional 167,538 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 31.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,170,418 shares of the company’s stock valued at $264,984,000 after acquiring an additional 755,493 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $216,845,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock traded down $0.09 during midday trading on Friday, hitting $83.96. 1,716,180 shares of the company were exchanged. The firm has a market capitalization of $24.60 billion, a P/E ratio of 25.30 and a beta of 0.59. The firm’s 50 day moving average price is $82.73 and its two-hundred day moving average price is $81.18. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $47.44 and a 52 week high of $55.45.

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.