Kennedy Investment Group Purchases 6,942 Shares of iShares MSCI USA Min Vol Factor ETF $USMV

Kennedy Investment Group raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 6.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 117,219 shares of the company’s stock after buying an additional 6,942 shares during the period. iShares MSCI USA Min Vol Factor ETF comprises about 4.2% of Kennedy Investment Group’s portfolio, making the stock its 6th largest holding. Kennedy Investment Group’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $11,037,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Win Advisors Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $899,000. Dynasty Wealth Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 7.2% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,261,838 shares of the company’s stock worth $120,051,000 after purchasing an additional 84,969 shares in the last quarter. Becker Capital Management Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $569,000. Western Wealth Management LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 28.4% in the 4th 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 in the last quarter. Finally, Chatterton & Associates Inc. purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth approximately $851,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $95.79 on Wednesday. The company’s 50 day simple moving average is $93.98 and its two-hundred day simple moving average is $94.49. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $91.02 and a 1-year high of $98.07. The firm has a market capitalization of $24.45 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72.

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.