Berman McAleer LLC Purchases New Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Berman McAleer LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 28,822 shares of the company’s stock, valued at approximately $2,742,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in USMV. Bryn Mawr Trust Advisors LLC boosted its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 7.0% in the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 2,539 shares of the company’s stock valued at $242,000 after buying an additional 165 shares during the last quarter. AE Wealth Management LLC raised its position in iShares MSCI USA Min Vol Factor ETF by 12.0% during the third quarter. AE Wealth Management LLC now owns 71,214 shares of the company’s stock worth $6,775,000 after acquiring an additional 7,641 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in iShares MSCI USA Min Vol Factor ETF by 3.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 195,000 shares of the company’s stock valued at $18,552,000 after acquiring an additional 5,800 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 92.7% in the third quarter. Valeo Financial Advisors LLC now owns 4,668 shares of the company’s stock valued at $444,000 after acquiring an additional 2,245 shares during the last quarter. Finally, EPG Wealth Management LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter valued at about $51,000.

iShares MSCI USA Min Vol Factor ETF Price Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.97 on Friday. The company’s 50-day moving average is $94.52 and its 200-day moving average is $94.06. The firm has a market capitalization of $24.24 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a fifty-two week low of $83.99 and a fifty-two week high of $95.12.

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.