Dynasty Wealth Management LLC Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Dynasty Wealth Management LLC reduced its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 29.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 893,591 shares of the company’s stock after selling 368,247 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.8% of Dynasty Wealth Management LLC’s portfolio, making the stock its 28th biggest position. Dynasty Wealth Management LLC owned about 0.35% of iShares MSCI USA Min Vol Factor ETF worth $84,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Becker Capital Management Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter worth about $569,000. Western Wealth Management LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 28.4% during the fourth quarter. Western Wealth Management LLC now owns 74,251 shares of the company’s stock worth $6,992,000 after purchasing an additional 16,434 shares during the period. Chatterton & Associates Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $851,000. Dara Capital US Inc. purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth about $542,000. Finally, Concurrent Investment Advisors LLC increased its stake in iShares MSCI USA Min Vol Factor ETF by 9.9% during the fourth quarter. Concurrent Investment Advisors LLC now owns 93,655 shares of the company’s stock worth $8,819,000 after purchasing an additional 8,469 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of BATS:USMV opened at $96.93 on Wednesday. The firm has a market capitalization of $24.74 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50-day moving average is $94.23 and its two-hundred day moving average is $94.70. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $91.02 and a 1 year high of $98.07.

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.