Venturi Wealth Management LLC Acquires 1,244 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Venturi Wealth Management LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1,517.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,326 shares of the company’s stock after purchasing an additional 1,244 shares during the quarter. Venturi Wealth Management LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of USMV. Eastern Bank bought a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at $92,000. Global Trust Asset Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 32.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,445 shares of the company’s stock worth $132,000 after acquiring an additional 350 shares during the period. Trueblood Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $220,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth $15,482,000. Finally, J.W. Cole Advisors Inc. grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 101,507 shares of the company’s stock worth $9,269,000 after acquiring an additional 1,934 shares during the period.

iShares MSCI USA Min Vol Factor ETF Stock Performance

USMV stock opened at $93.06 on Friday. The company has a market capitalization of $27.27 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $55.45. The stock has a fifty day moving average of $90.80 and a 200-day moving average of $91.08.

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.