Prasad Wealth Partners LLC Acquires New Shares in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Prasad Wealth Partners LLC acquired a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 9,368 shares of the company’s stock, valued at approximately $832,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in iShares MSCI USA Min Vol Factor ETF by 3.7% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 14,870 shares of the company’s stock worth $1,358,000 after acquiring an additional 532 shares during the period. Barrett & Company Inc. raised its holdings in iShares MSCI USA Min Vol Factor ETF by 6.5% in the 3rd quarter. Barrett & Company Inc. now owns 145,967 shares of the company’s stock worth $13,328,000 after acquiring an additional 8,964 shares during the period. Fortitude Family Office LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $38,000. Diversify Advisory Services LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 10.5% during the 3rd quarter. Diversify Advisory Services LLC now owns 82,946 shares of the company’s stock worth $7,639,000 after purchasing an additional 7,863 shares during the period. Finally, MONECO Advisors LLC increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.7% during the 3rd quarter. MONECO Advisors LLC now owns 105,859 shares of the company’s stock worth $9,666,000 after purchasing an additional 712 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.47 on Tuesday. The firm’s 50-day moving average is $90.80 and its 200-day moving average is $91.16. iShares MSCI USA Min Vol Factor ETF has a 52-week low of $47.44 and a 52-week high of $55.45. The company has a market cap of $23.75 billion, a price-to-earnings ratio of 24.43 and a beta of 0.79.

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.