Vertex Planning Partners LLC Grows Position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Vertex Planning Partners LLC grew its stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 11.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,138 shares of the company’s stock after acquiring an additional 728 shares during the period. Vertex Planning Partners LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $634,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. VSM Wealth Advisory LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $27,000. Howe & Rusling Inc. raised its stake in shares of iShares MSCI USA Min Vol Factor ETF by 94.2% during the 4th quarter. Howe & Rusling Inc. now owns 301 shares of the company’s stock valued at $27,000 after buying an additional 146 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter worth about $28,000. AlphaMark Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the fourth quarter worth $30,000. Finally, Valued Wealth Advisors LLC purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at $30,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

BATS:USMV opened at $93.50 on Friday. iShares MSCI USA Min Vol Factor ETF has a one year low of $79.69 and a one year high of $95.12. The stock has a 50 day moving average price of $92.61 and a 200 day moving average price of $91.73. The stock has a market cap of $24.40 billion, a PE ratio of 24.03 and a beta of 0.77.

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.