Mather Group LLC. Buys New Shares in iShares MSCI USA Min Vol Factor ETF $USMV

Mather Group LLC. purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 77,204 shares of the company’s stock, valued at approximately $7,523,000.

Other institutional investors also recently bought and sold shares of the company. Ironwood Wealth Management Inc. lifted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 0.4% in the 3rd quarter. Ironwood Wealth Management Inc. now owns 141,996 shares of the company’s stock worth $14,202,000 after acquiring an additional 597 shares during the last quarter. Strategy Asset Managers LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $2,032,000. Meridian Investment Counsel Inc. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $320,000. First Citizens Bank & Trust Co. purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth about $1,629,000. Finally, Focus Financial Network Inc. grew its holdings in iShares MSCI USA Min Vol Factor ETF by 2.9% during the 3rd quarter. Focus Financial Network Inc. now owns 43,690 shares of the company’s stock valued at $4,257,000 after purchasing an additional 1,214 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Trading Up 0.9%

Shares of BATS:USMV opened at $101.58 on Friday. The company has a market capitalization of $25.92 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $102.21. The firm’s 50-day moving average is $100.06 and its 200 day moving average is $97.21.

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.